Low & Bonar plc (LON:LWB)’s share price was down 10.2% during trading on Thursday . The company traded as low as GBX 21.91 ($0.29) and last traded at GBX 21.91 ($0.29). Approximately 207,968 shares changed hands during trading, a decline of 51% from the average daily volume of 420,530 shares. The stock had previously closed at GBX 24.40 ($0.32).
A number of equities analysts have recently commented on LWB shares. Peel Hunt cut their price target on shares of Low & Bonar from GBX 60 ($0.78) to GBX 30 ($0.39) and set a “hold” rating on the stock in a report on Friday, December 14th. Berenberg Bank restated a “hold” rating on shares of Low & Bonar in a report on Wednesday, October 10th.
ILLEGAL ACTIVITY NOTICE: This story was first posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this story on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The correct version of this story can be accessed at https://transcriptdaily.com/2019/01/12/low-bonar-lwb-stock-price-down-10-2.html.
About Low & Bonar (LON:LWB)
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.
Read More: How liquidity affects the bid-ask spread
Receive News & Ratings for Low & Bonar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Low & Bonar and related companies with MarketBeat.com's FREE daily email newsletter.