Low & Bonar (LON:LWB) was downgraded by equities research analysts at Peel Hunt to a “hold” rating in a research report issued on Tuesday. They presently have a GBX 60 ($0.78) price objective on the stock, down from their previous price objective of GBX 80 ($1.04). Peel Hunt’s target price suggests a potential upside of 50.00% from the company’s previous close.
Separately, Berenberg Bank decreased their target price on Low & Bonar from GBX 60 ($0.78) to GBX 50 ($0.65) and set a “hold” rating on the stock in a research note on Wednesday, July 11th.
Shares of LWB opened at GBX 40 ($0.52) on Tuesday. Low & Bonar has a 12-month low of GBX 52 ($0.68) and a 12-month high of GBX 91 ($1.19).
Low & Bonar Company Profile
Low & Bonar PLC manufactures and supplies technical textiles worldwide. The company operates through Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interior & Transportation. The Building & Industrial unit supplies a range of technical textile solutions for various applications in the building, roofing, and air and water filtration.
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