Low & Bonar plc (LON:LWB)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research note issued to investors on Tuesday. They currently have a GBX 100 ($1.32) price target on the stock. Peel Hunt’s target price suggests a potential upside of 44.40% from the company’s current price.
Several other research firms have also recently commented on LWB. N+1 Singer cut Low & Bonar plc to a “hold” rating in a research note on Tuesday, July 11th. Berenberg Bank reduced their price target on Low & Bonar plc from GBX 112 ($1.48) to GBX 105 ($1.39) and set a “buy” rating on the stock in a research report on Tuesday, October 17th.
Shares of Low & Bonar plc (LWB) opened at 69.25 on Tuesday. Low & Bonar plc has a one year low of GBX 61.30 and a one year high of GBX 91.00. The stock has a 50 day moving average price of GBX 76.40 and a 200 day moving average price of GBX 82.43. The firm’s market cap is GBX 228.06 million.
ILLEGAL ACTIVITY NOTICE: This report was reported by Community Financial News and is the property of of Community Financial News. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.com-unik.info/2017/10/31/low-bonar-plc-lwb-given-buy-rating-at-peel-hunt.html.
In other Low & Bonar plc news, insider Mike Powell bought 14,000 shares of Low & Bonar plc stock in a transaction on Thursday, October 19th. The shares were purchased at an average cost of GBX 71 ($0.94) per share, for a total transaction of £9,940 ($13,116.92).
About Low & Bonar plc
Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.
What are top analysts saying about Low & Bonar plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Low & Bonar plc and related companies.