Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a report issued on Monday. They currently have a GBX 275 ($3.40) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 101.83% from the stock’s current price.
LVD has been the subject of several other research reports. Canaccord Genuity cut their price target on Lavendon Group plc from GBX 229 ($2.83) to GBX 165 ($2.04) and set a “buy” rating for the company in a report on Friday, July 15th. Berenberg Bank restated a “buy” rating and issued a GBX 230 ($2.85) price objective on shares of Lavendon Group plc in a research report on Thursday, September 1st. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of GBX 226.50 ($2.80).
Lavendon Group plc (LON:LVD) opened at 135.00 on Monday. The company’s 50-day moving average price is GBX 131.78 and its 200 day moving average price is GBX 128.24. The company’s market capitalization is GBX 229.20 million. Lavendon Group plc has a 52-week low of GBX 102.31 and a 52-week high of GBX 184.55.
The firm also recently disclosed a dividend, which was paid on Friday, October 7th. Stockholders of record on Thursday, September 8th were given a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, September 8th. This represents a dividend yield of 1.47%.
Lavendon Group plc Company Profile
Lavendon Group plc is a United Kingdom-based company engaged in the rental of powered access equipment. The Company’s segments are the UK, the Middle East, Germany, France, Belgium and Corporate. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental. Nationwide Platforms is a powered access provider with a fleet of over 10,350 machines operating from a network of over 30 depots.
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