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The latest announcement is out from Lords Group Trading PLC ( (GB:LORD) ).
Lords Group Trading PLC announced at its AGM that trading has aligned with management expectations, despite challenging market conditions. The company has seen positive trends in merchanting volumes and has made strategic acquisitions, including CMO Group Limited, to enhance its digital offerings. With new branch openings and a strengthened balance sheet, Lords is well-positioned for growth in the RMI market, and the Board remains confident in meeting FY25 expectations.
The most recent analyst rating on (GB:LORD) stock is a Buy with a £0.80 price target. To see the full list of analyst forecasts on Lords Group Trading PLC stock, see the GB:LORD Stock Forecast page.
More about Lords Group Trading PLC
Lords Group Trading PLC is a leading distributor of building materials in the UK, focusing on the construction materials and plumbing & heating markets. The company leverages its infrastructure and merchanting expertise to provide a wide range of products, with recent strategic expansions enhancing its market presence.
Average Trading Volume: 84,972
Technical Sentiment Signal: Buy
Current Market Cap: £71.47M
For an in-depth examination of LORD stock, go to TipRanks’ Overview page.