Majestic Wine (LON:WINE) Earns “Buy” Rating from Liberum Capital

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Majestic Wine (LON:WINE)‘s stock had its “buy” rating reiterated by Liberum Capital in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also issued reports on WINE. Peel Hunt restated a “hold” rating on shares of Majestic Wine in a research note on Monday. Shore Capital raised shares of Majestic Wine to a “buy” rating in a report on Monday, March 25th.

Shares of LON:WINE opened at GBX 291.70 ($3.81) on Thursday. The company has a debt-to-equity ratio of 28.72, a current ratio of 1.23 and a quick ratio of 0.30. The firm has a market capitalization of $229.42 million and a P/E ratio of 37.88. Majestic Wine has a 12-month low of GBX 214 ($2.80) and a 12-month high of GBX 495 ($6.47).

Majestic Wine Company Profile

Majestic Wine plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. It operates through four segments: Retail, Commercial, Lay & Wheeler, and Naked Wines. The company also provides cellarage services; and business to business wine retailing to pubs, restaurants, and events.

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