Other equities analysts have also recently issued reports about the stock. Liberum Capital assumed coverage on shares of Pendragon in a research report on Thursday, May 2nd. They set a hold rating and a GBX 22 ($0.29) price objective on the stock. Jefferies Financial Group reissued a hold rating on shares of Pendragon in a research note on Tuesday, April 9th. Finally, Berenberg Bank lifted their target price on shares of Pendragon from GBX 26 ($0.34) to GBX 28 ($0.37) and gave the company a hold rating in a research note on Tuesday, March 12th.
LON PDG opened at GBX 23.30 ($0.30) on Wednesday. Pendragon has a twelve month low of GBX 20.65 ($0.27) and a twelve month high of GBX 28.90 ($0.38). The company has a debt-to-equity ratio of 51.79, a quick ratio of 0.13 and a current ratio of 0.96. The company has a market cap of $323.70 million and a price-to-earnings ratio of -6.47.
Pendragon Company Profile
Pendragon PLC, together with its subsidiaries, operates as an automotive retailer company in the United Kingdom and California. It operates through US Motor, Leasing, UK Motor, and Software segments. The company sells new and used motor vehicles of various brands, such as Aston Martin, BMW, Citroen, Dacia, DAF, Ferrari, Ford, Harley-Davidson, Hyundai, Jaguar, Land Rover, Kia, Mercedes-Benz, MINI, Nissan, Peugeot, Porsche, Renault, SEAT, Smart, and Vauxhall.
Further Reading: What is a Derivative?
Receive News & Ratings for Pendragon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon and related companies with MarketBeat.com's FREE daily email newsletter.