Lords Group Trading (LON:LORD) Earns "Buy" Rating from Berenberg Bank

Key Points

• Berenberg Bank has reaffirmed its "buy" rating for Lords Group Trading (LORD), setting a target price of GBX 80, indicating a potential upside of 115.34% from the current stock price.
• As of Monday, Lords Group Trading's shares traded down 0.9% to GBX 37.15, with a market capitalization of £61.75 million.
• The company focuses on the Repairs, Maintenance, and Improvement (RMI) market, with around 80% of its demand in this segment, selling to various tradesmen and directly to the public.

Berenberg Bank reissued their buy rating on shares of Lords Group Trading (LON:LORD - Free Report) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 80 target price on the stock.

Lords Group Trading Stock Performance

Lords Group Trading stock traded down GBX 0.30 during mid-day trading on Monday, reaching GBX 34.20. The company had a trading volume of 103,305 shares, compared to its average volume of 83,656. The company has a quick ratio of 0.77, a current ratio of 1.31 and a debt-to-equity ratio of 196.86. Lords Group Trading has a 52 week low of GBX 23.60 and a 52 week high of GBX 56. The company has a 50 day moving average of GBX 44.10 and a 200-day moving average of GBX 36.14. The firm has a market cap of £56.84 million, a price-to-earnings ratio of -2,873.95 and a beta of 1.18.

Lords Group Trading (LON:LORD - Get Free Report) last issued its quarterly earnings results on Thursday, September 11th. The company reported GBX 1.35 earnings per share for the quarter. Lords Group Trading had a negative net margin of 0.40% and a negative return on equity of 3.69%. On average, sell-side analysts expect that Lords Group Trading will post 3.6 EPS for the current fiscal year.

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.