Poundland Group (LON:PLND) Buy Rating Has Been Reiterated Today By Peel Hunt; The Target Price Given is GBX 400.00

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Poundland Group (LON:PLND) Rating Reaffirmed

Peel Hunt now has a GBX 400.00 Estimated Target Price on shares of Poundland Group (LON:PLND). The Estimated Target Price provides a potential upside of 86.13% from the last close price of Poundland Group (LON:PLND). This rating was revealed in a recent research report on Thursday, 17 December.

From a total of 12 analysts covering Poundland Group (LON:PLND) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 54% of the ratings are positive. The highest target price is GBX 400 while the lowest target price is GBX 225. The mean of all analyst targets is GBX 300 with a 46.16% above today’s (GBX 214.9) stock price. Poundland Group was the topic of 36 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 15 with “Hold” rating. Nomura maintained shares with “Neutral” rating and GBX 270 target share price in a report from a December 7. Nomura maintained PLND stock in a recent report from December 14 with “Neutral” rating. Canaccord Genuity maintained the rating on November 23. Canaccord Genuity has a “Buy” rating and a GBX 300 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 23.

The stock closed the day at GBX 214.9 during the previous session. It is down 33.90% since May 20, 2015 and is downtrending. It has underperformed by 31.63% the S&P500.

Poundland Group (LON:PLND) Buy Rating Has Been Reiterated Today By Peel Hunt; The Target Price Given is GBX 400.00

Poundland Group plc is a United Kingdom company, which operates as a general merchandise retailer in Europe. The company has a market cap of 584.70 million GBP. The Firm operates a network of over 580 stores across the United Kingdom and Ireland. It has 21.5 P/E ratio. It sells a range of products across 17 product categories, including household goods, grocery, impulse, and health and beauty.

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