Peel Hunt Increases Hotel Chocolat Group (HOTC) Price Target to GBX 365

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Hotel Chocolat Group (LON:HOTC) had its price objective lifted by stock analysts at Peel Hunt from GBX 300 ($3.92) to GBX 365 ($4.77) in a report issued on Friday, ThisIsMoney.Co.Uk reports. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price target indicates a potential upside of 8.79% from the stock’s current price.

A number of other research firms have also recently commented on HOTC. Berenberg Bank reduced their price objective on Hotel Chocolat Group from GBX 340 ($4.44) to GBX 300 ($3.92) and set a “hold” rating for the company in a research report on Thursday, January 24th. Liberum Capital reiterated a “buy” rating on shares of Hotel Chocolat Group in a research report on Monday, February 4th.

Hotel Chocolat Group stock opened at GBX 335.50 ($4.38) on Friday. The firm has a market cap of $378.57 million and a P/E ratio of 35.69. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.36 and a quick ratio of 1.04. Hotel Chocolat Group has a one year low of GBX 251.56 ($3.29) and a one year high of GBX 415 ($5.42).

Hotel Chocolat Group (LON:HOTC) last posted its quarterly earnings data on Tuesday, February 26th. The company reported GBX 9.60 ($0.13) EPS for the quarter. As a group, research analysts anticipate that Hotel Chocolat Group will post 709.999966122859 earnings per share for the current year.

Hotel Chocolat Group Company Profile

Hotel Chocolat Group plc manufactures, distributes, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, including self-purchase, gift and occasion, and rare and vintage chocolates, as well as drinking chocolates, cocoa-infused alcohols, and cocoa-based beauty products.

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