Lords Group Trading (LON:LORD) Trading Up 0.6% – What’s Next?

Lords Group Trading plc (LON:LORD)’s share price rose 0.6% during mid-day trading on Friday . The company traded as high as GBX 13.49 and last traded at GBX 13.46. Approximately 194,445 shares changed hands during trading, a decline of 13% from the average session volume of 222,674 shares. The stock had previously closed at GBX 13.38.

Analysts Set New Price Targets

A number of brokerages have recently commented on LORD. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 19 target price on shares of Lords Group Trading in a research report on Wednesday, May 20th. Berenberg Bank lowered their price target on shares of Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating on the stock in a research report on Thursday, July 30th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Lords Group Trading has an average rating of “Moderate Buy” and a consensus target price of GBX 34.50.

Lords Group Trading Price Performance

The stock has a market cap of £22.38 million, a price-to-earnings ratio of -5.02 and a beta of 1.27. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 245.10. The company’s fifty day moving average is GBX 14.84 and its two-hundred day moving average is GBX 17.79.

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.