Majestic Wine (LON:WINE)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 500 ($7.16) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 25.94% from the company’s current price.
Separately, Peel Hunt raised their price objective on Majestic Wine from GBX 450 ($6.44) to GBX 500 ($7.16) and gave the stock a “buy” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. Majestic Wine currently has a consensus rating of “Buy” and an average price target of GBX 439 ($6.29).
Shares of LON WINE opened at GBX 397 ($5.68) on Tuesday. Majestic Wine has a one year low of GBX 305 ($4.37) and a one year high of GBX 485.50 ($6.95).
Majestic Wine Company Profile
Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.
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