Lords Group Trading (LON:LORD) Stock Gets Price Target Cut from Berenberg Bank

Lords Group Trading (LON:LORD) had its price target lowered by Berenberg Bank from GBX 40 to GBX 20 in a research report report published on Monday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Lords Group Trading Price Performance

Shares of LORD opened at GBX 9.25 on Monday. The firm has a 50-day simple moving average of GBX 12 and a two-hundred day simple moving average of GBX 16.63. The stock has a market cap of £15.37 million, a PE ratio of -1.51 and a beta of 1.32. Lords Group Trading has a 1-year low of GBX 9 and a 1-year high of GBX 31.94. The company has a debt-to-equity ratio of 298.81, a current ratio of 0.96 and a quick ratio of 0.77.

Lords Group Trading (LON:LORD) last issued its quarterly earnings data on Wednesday, September 30th. The company reported GBX (0.70) EPS for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. As a group, analysts forecast that Lords Group Trading will post 3.60 EPS for the current year.

About Lords Group Trading

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.