Insider Buying: Low & Bonar plc (LON:LWB) Insider Acquires 14,000 Shares of Stock

Low & Bonar plc (LON:LWB) insider Mike Powell acquired 14,000 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The shares were bought at an average cost of GBX 71 ($0.94) per share, for a total transaction of £9,940 ($13,116.92).

Low & Bonar plc (LWB) remained flat at GBX 70.25 during mid-day trading on Friday. 141,740 shares of the stock traded hands. Low & Bonar plc has a 12-month low of GBX 61.30 and a 12-month high of GBX 90.06. The stock’s 50-day moving average is GBX 76.74 and its 200 day moving average is GBX 82.42. The firm’s market cap is GBX 231.35 million.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/28/insider-buying-low-bonar-plc-lwb-insider-buys-14000-shares-of-stock.html.

A number of analysts recently issued reports on the company. Berenberg Bank dropped their price objective on Low & Bonar plc from GBX 112 ($1.48) to GBX 105 ($1.39) and set a “buy” rating on the stock in a report on Tuesday, October 17th. Peel Hunt dropped their price objective on Low & Bonar plc from GBX 110 ($1.45) to GBX 100 ($1.32) and set a “buy” rating on the stock in a report on Monday, October 16th. Finally, N+1 Singer cut Low & Bonar plc to a “hold” rating in a report on Tuesday, July 11th.

About Low & Bonar plc

Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.

Receive News & Ratings for Low & Bonar plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Low & Bonar plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply