Pinewood Technologies Group (LON:PINE) Receives Buy Rating from Berenberg Bank

Key Points

• Berenberg Bank reissued a "buy" rating for Pinewood Technologies with a GBX 670 price target, implying roughly a 127% upside from the prior close.
• Pinewood reported quarterly EPS of GBX 48 with a net margin of 124.2% and ROE of 35.39%; the stock trades at a low P/E of 6.15 and opened at GBX 295.
• There has been notable insider buying—67,071 shares in the last three months—and insiders now own 41.46% of the company, indicating strong insider conviction.

Pinewood Technologies Group (LON:PINE - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 670 target price on the stock. Berenberg Bank's price target points to a potential upside of 127.12% from the stock's previous close.

Pinewood Technologies Group Trading Up 5.5%

Shares of LON PINE opened at GBX 295 on Wednesday. The company has a 50 day simple moving average of GBX 246.29 and a two-hundred day simple moving average of GBX 325.58. The stock has a market cap of £337.71 million, a price-to-earnings ratio of 6.15 and a beta of 0.48. Pinewood Technologies Group has a 12 month low of GBX 200 and a 12 month high of GBX 575.

Pinewood Technologies Group (LON:PINE - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 48 earnings per share for the quarter. Pinewood Technologies Group had a net margin of 124.20% and a return on equity of 35.39%. The firm had revenue of GBX 4,050 million for the quarter. Analysts forecast that Pinewood Technologies Group will post 9.8256735 EPS for the current year.

Insider Buying and Selling at Pinewood Technologies Group

In related news, insider William Berman acquired 16,035 shares of Pinewood Technologies Group stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of GBX 310 per share, for a total transaction of £49,708.50. Also, insider Oliver Mann acquired 25,045 shares of the firm's stock in a transaction dated Monday, February 16th. The stock was bought at an average cost of GBX 307 per share, with a total value of £76,888.15. In the last three months, insiders have bought 67,071 shares of company stock worth $20,350,501. Insiders own 41.46% of the company's stock.

About Pinewood Technologies Group

1981 – Origins Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup. 1980s–1990s – Early Innovation The team created one of the UK's first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC. As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.

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