Patisserie Holdings PLC (LON:CAKE)‘s stock had its “add” rating reissued by stock analysts at Peel Hunt in a research report issued on Wednesday. They presently have a GBX 425 ($5.61) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 21.43% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on CAKE. FinnCap restated a “buy” rating and set a GBX 360 ($4.75) target price on shares of Patisserie Holdings PLC in a research report on Monday, October 16th. Berenberg Bank assumed coverage on Patisserie Holdings PLC in a research report on Wednesday, July 19th. They set a “buy” rating and a GBX 400 ($5.28) target price for the company. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 398 ($5.25).
Patisserie Holdings PLC (LON:CAKE) opened at 350.00 on Wednesday. Patisserie Holdings PLC has a 1-year low of GBX 253.00 and a 1-year high of GBX 380.75. The company’s market cap is GBX 350.00 million. The stock has a 50 day moving average price of GBX 345.39 and a 200 day moving average price of GBX 345.80.
Patisserie Holdings PLC Company Profile
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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