Low & Bonar (LWB) Rating Reiterated by Peel Hunt

Low & Bonar (LON:LWB)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a note issued to investors on Monday.

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 60 ($0.84) price objective on shares of Low & Bonar in a report on Wednesday, March 21st.

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Shares of LWB stock opened at GBX 57 ($0.80) on Monday. Low & Bonar has a fifty-two week low of GBX 52 ($0.73) and a fifty-two week high of GBX 91 ($1.28).

In related news, insider Martin Flower purchased 50,000 shares of Low & Bonar stock in a transaction dated Friday, February 2nd. The shares were acquired at an average price of GBX 62 ($0.87) per share, for a total transaction of £31,000 ($43,514.88).

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Low & Bonar Company Profile

Low & Bonar PLC manufactures and supplies technical textiles worldwide. The company operates through Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interior & Transportation. The Building & Industrial unit supplies a range of technical textile solutions for various applications in the building, roofing, and air and water filtration.

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