Market's view on Lords Grp Tr
Published on April 2024
- Lords Group Trading shows continued strong trading, evidenced by a £6.3m property purchase near Heathrow.
- There has been a positive trading update from Lords, described as a best-in-class UK builders merchant & specialist heating/plumbing product distributor.
- A stock watcher reduced their stake in Lords Group Trading and bought shares in another company.
- Lords Group Trading’s stock is seen as undervalued with potential for value increase; its P/E is below the industry average.
- Recent financial results from Lords highlight significant growth in revenue and EBITDA, with a modest increase in EPS.
- Lords Group Trading is identified as a recovery play for 2024, particularly highlighted in a discussion on Vox Markets.
- Lords has received a broker target price of over £1, suggesting further potential for stock price increase.
- Lords Group Trading has been conducting corporate restructuring.
- There’s a strong belief in the resilience and future growth of Lords Group Trading, noting its agile and entrepreneurial approach.
- Lords announced two synergistic acquisitions, expected to be earnings enhancing and value accretive.