What’s Ahead for Lavendon Group plc After Today’s Huge Increase?

 What's Ahead for Lavendon Group plc After Today's Huge Increase?

The stock of Lavendon Group plc (LON:LVD) is a huge mover today! The stock increased 6.84% or GBX 13.97 on November 28, hitting GBX 218.22. About 1.08 million shares traded hands or 32.73% up from the average. Lavendon Group plc (LON:LVD) has risen 45.89% since April 28, 2016 and is uptrending. It has outperformed by 39.88% the S&P500.
The move comes after 9 months positive chart setup for the GBX 370.89M company. It was reported on Nov, 28 by Barchart.com. We have GBX 224.77 PT which if reached, will make LON:LVD worth GBX 11.13M more.

Lavendon Group plc (LON:LVD) Ratings Coverage

Out of 5 analysts covering Lavendon Group PLC (LON:LVD), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 275 is the highest target while GBX 229 is the lowest. The GBX 242.80 average target is 11.26% above today’s (GBX 218.22) stock price. Lavendon Group PLC has been the topic of 29 analyst reports since August 28, 2015 according to StockzIntelligence Inc. On Friday, August 28 the stock rating was maintained by Canaccord Genuity with “Buy”. Peel Hunt maintained the stock with “Buy” rating in Friday, September 16 report. The company was maintained on Monday, August 15 by Peel Hunt. Panmure Gordon maintained Lavendon Group plc (LON:LVD) on Monday, November 28 with “Buy” rating. The stock of Lavendon Group plc (LON:LVD) earned “Buy” rating by Peel Hunt on Monday, October 10. The rating was maintained by Peel Hunt with “Buy” on Wednesday, July 20. Canaccord Genuity maintained it with “Buy” rating and GBX 229 target price in Thursday, January 14 report. The company was maintained on Tuesday, November 17 by Panmure Gordon. N+1 Singer maintained Lavendon Group plc (LON:LVD) on Tuesday, November 17 with “Buy” rating. The stock of Lavendon Group plc (LON:LVD) has “Buy” rating given on Thursday, March 3 by Berenberg.

More news for Lavendon Group plc (LON:LVD) were recently published by: Businesswire.com, which released: “Melqart Asset Mgmt UK Regulatory Announcement: Form 8.3 – Lavendon Group PLC” on November 28, 2016. Businesswire.com‘s article titled: “Halcyon Asset Mgt UK Regulatory Announcement: Form 8.3 – Lavendon Group PLC” and published on November 25, 2016 is yet another important article.

Lavendon Group plc is a United Kingdom firm engaged in the rental of powered access equipment. The company has a market cap of 370.89 million GBP. The Company’s divisions are the UK, the Middle East, Germany, France, Belgium and Corporate. It has a 48.31 P/E ratio. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental.

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