Lords Group Trading (LON:LORD) Trading Up 0.6% – Should You Buy?

Lords Group Trading plc (LON:LORD) was up 0.6% on Thursday . The company traded as high as GBX 17.50 and last traded at GBX 17.35. Approximately 133,804 shares traded hands during trading, a decline of 27% from the average daily volume of 183,898 shares. The stock had previously closed at GBX 17.25.

Analysts Set New Price Targets

Separately, Berenberg Bank began coverage on shares of Lords Group Trading in a research report on Tuesday, January 27th. They set a “buy” rating and a GBX 65 price target on the stock. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 65.

Lords Group Trading Trading Up 0.6%

The company has a market cap of £28.84 million, a price-to-earnings ratio of -12.05 and a beta of 1.22. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 222.25. The firm’s 50-day moving average price is GBX 22.48 and its 200 day moving average price is GBX 25.64.

Lords Group Trading Company Profile

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.