Patisserie Holdings PLC (CAKE) Given “Buy” Rating at FinnCap

FinnCap reiterated their buy rating on shares of Patisserie Holdings PLC (LON:CAKE) in a research report sent to investors on Thursday morning. They currently have a GBX 350 ($4.41) target price on the stock.

Separately, Canaccord Genuity reiterated a buy rating and set a GBX 405 ($5.10) target price on shares of Patisserie Holdings PLC in a report on Tuesday, February 14th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 379.25 ($4.77).

Shares of Patisserie Holdings PLC (LON:CAKE) traded down 0.45% during midday trading on Thursday, hitting GBX 332.00. 105,598 shares of the stock were exchanged. Patisserie Holdings PLC has a 12 month low of GBX 252.31 and a 12 month high of GBX 371.88. The firm has a 50 day moving average of GBX 317.54 and a 200-day moving average of GBX 308.33. The stock’s market cap is GBX 332.00 million.

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About Patisserie Holdings PLC

Patisserie Holdings PLC is a United Kingdom-based cafe and casual dining company. The Company offers cakes, pastries, snacks, meals, and hot and cold drinks across the United Kingdom. The Company’s segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts. It offers products, such as coffee, dairy, fruit, packaging, cocoa and wheat items.

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