24 Mar 2021
Pendragon plc (PDG LN) - Growing resilience
FY20 results from Pendragon show good progress in testing times. While there is a lot to do to hit its FY25 targets, we believe the risk/reward profile is positive from here despite recent share price gains. We remain happy with our original investment thesis set out in our initiation note in October.
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Pendragon plc (PDG LN) - Growing resilience
Pinewood Technologies Group PLC (PINE:LON) | 38.4 0 (-0.3%) | Mkt Cap: 669.5m
- Published:
24 Mar 2021 -
Author:
Rachel Birkett, CFA -
Pages:
5
FY20 results from Pendragon show good progress in testing times. While there is a lot to do to hit its FY25 targets, we believe the risk/reward profile is positive from here despite recent share price gains. We remain happy with our original investment thesis set out in our initiation note in October.