Peel Hunt reiterated their buy rating on shares of Majestic Wine PLC (LON:MJW) in a research note released on Tuesday, StockTargetPrices.com reports. Peel Hunt currently has a GBX 440 ($5.74) price objective on the stock.
Several other equities analysts have also recently issued reports on MJW. Liberum Capital boosted their price objective on Majestic Wine PLC from GBX 500 ($6.53) to GBX 510 ($6.66) and gave the company a buy rating in a report on Monday, June 20th. Investec decreased their price objective on Majestic Wine PLC from GBX 510 ($6.66) to GBX 450 ($5.87) and set a buy rating for the company in a report on Wednesday, September 21st. Finally, Canaccord Genuity decreased their price objective on Majestic Wine PLC from GBX 350 ($4.57) to GBX 290 ($3.79) and set a sell rating for the company in a report on Thursday, September 29th.
Majestic Wine PLC (LON:MJW) opened at 420.50 on Tuesday. Majestic Wine PLC has a 12-month low of GBX 273.25 and a 12-month high of GBX 485.00. The firm’s 50-day moving average price is GBX 368.83 and its 200 day moving average price is GBX 362.48.
Majestic Wine PLC Company Profile
Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case.
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