Headlam Group (HEAD) Stock Rating Reaffirmed by Peel Hunt

Headlam Group (LON:HEAD)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued on Thursday. They currently have a GBX 650 ($8.75) target price on the stock. Peel Hunt’s target price suggests a potential upside of 23.11% from the company’s current price.

Separately, Investec restated a “buy” rating and set a GBX 710 ($9.56) price target on shares of Headlam Group in a research report on Monday, August 21st.

Headlam Group (LON:HEAD) traded up GBX 1 ($0.01) on Thursday, reaching GBX 528 ($7.11). 49,373 shares of the company were exchanged, compared to its average volume of 60,530. Headlam Group has a 52-week low of GBX 462 ($6.22) and a 52-week high of GBX 654.50 ($8.81).

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Headlam Group Company Profile

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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