Low & Bonar (LWB) PT Lowered to GBX 24

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Low & Bonar (LON:LWB) had its price target reduced by Peel Hunt from GBX 30 ($0.39) to GBX 24 ($0.31) in a research report report published on Friday morning. They currently have a hold rating on the stock.

Separately, Berenberg Bank reiterated a hold rating on shares of Low & Bonar in a research note on Wednesday, October 10th.

Shares of LON LWB traded down GBX 1.55 ($0.02) during mid-day trading on Friday, reaching GBX 20.95 ($0.27). 279,060 shares of the company’s stock were exchanged, compared to its average volume of 420,530. Low & Bonar has a 52 week low of GBX 52 ($0.68) and a 52 week high of GBX 91 ($1.19).

About Low & Bonar

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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