Berenberg Bank Reiterates Buy Rating for The Pebble Group (LON:PEBB)

The Pebble Group (LON:PEBBGet Rating)‘s stock had its “buy” rating restated by Berenberg Bank in a report released on Tuesday, LSE.Co.UK reports. They presently have a GBX 180 ($2.20) target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 100.00% from the company’s current price.

Separately, Shore Capital reissued a “not rated” rating on shares of The Pebble Group in a report on Tuesday.

The Pebble Group Stock Up 2.9 %

PEBB opened at GBX 90 ($1.10) on Tuesday. The firm has a 50-day simple moving average of GBX 86.40 and a two-hundred day simple moving average of GBX 91.22. The Pebble Group has a 52 week low of GBX 77.76 ($0.95) and a 52 week high of GBX 130 ($1.59). The company has a market capitalization of £150.71 million and a PE ratio of 1,800.00. The company has a quick ratio of 1.16, a current ratio of 1.59 and a debt-to-equity ratio of 19.20.

About The Pebble Group

(Get Rating)

The Pebble Group plc provides products, services, and technology to the promotional products industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional merchandise and branded products for various brands operating in the engineering, financial services, health and beauty, FMCG, technology, transport, and other sectors.

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