Low & Bonar plc (LWB) Given Buy Rating at Peel Hunt
Peel Hunt reiterated their buy rating on shares of Low & Bonar plc (LON:LWB) in a research note issued to investors on Tuesday morning. Peel Hunt currently has a GBX 100 ($1.32) target price on the stock.
A number of other equities research analysts have also weighed in on the company. N+1 Singer lowered Low & Bonar plc to a hold rating in a research note on Tuesday, July 11th. Berenberg Bank reiterated a buy rating on shares of Low & Bonar plc in a report on Wednesday, September 6th.
Low & Bonar plc (LON:LWB) traded up 0.43% during trading on Tuesday, reaching GBX 69.30. The company’s stock had a trading volume of 48,159 shares. The stock has a 50-day moving average price of GBX 76.20 and a 200 day moving average price of GBX 82.34. The company’s market cap is GBX 228.22 million. Low & Bonar plc has a 52-week low of GBX 61.30 and a 52-week high of GBX 91.00.
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In related news, insider Mike Powell purchased 14,000 shares of the business’s stock in a transaction that occurred on Thursday, October 19th. The shares were bought at an average price 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.
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