Low & Bonar plc (LWB) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Low & Bonar plc (LON:LWB) in a research note published on Tuesday morning. Peel Hunt currently has a GBX 100 ($1.32) price objective on the stock.

Several other equities research analysts also recently issued reports on the company. Berenberg Bank reaffirmed a buy rating on shares of Low & Bonar plc in a research report on Wednesday, September 6th. N+1 Singer downgraded Low & Bonar plc to a hold rating in a research report on Tuesday, July 11th.

Shares of Low & Bonar plc (LON:LWB) opened at GBX 72.25 ($0.95) on Tuesday.

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In other Low & Bonar plc news, insider Mike Powell purchased 14,000 shares of the business’s stock in a transaction on Thursday, October 19th. The stock was purchased at an average price of GBX 71 ($0.94) per share, for a total transaction of £9,940 ($13,116.92).

Low & Bonar plc Company Profile

Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.

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