Patisserie Holdings PLC (LON:CAKE) has been assigned a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 391.25 ($5.05).
Several brokerages have commented on CAKE. FinnCap raised their target price on Patisserie Holdings PLC from GBX 350 ($4.52) to GBX 360 ($4.65) and gave the stock a “buy” rating in a research note on Wednesday, May 17th. Berenberg Bank began coverage on Patisserie Holdings PLC in a research note on Wednesday, July 19th. They issued a “buy” rating and a GBX 400 ($5.17) target price for the company. Beaufort Securities restated a “buy” rating on shares of Patisserie Holdings PLC in a research note on Thursday, May 18th. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 405 ($5.23) target price on shares of Patisserie Holdings PLC in a research note on Wednesday, May 17th.
Patisserie Holdings PLC (LON CAKE) traded down 2.19% on Thursday, reaching GBX 357.00. The company had a trading volume of 43,710 shares. The stock’s 50-day moving average price is GBX 361.55 and its 200-day moving average price is GBX 339.90. The stock’s market capitalization is GBX 357.00 million. Patisserie Holdings PLC has a 12-month low of GBX 253.00 and a 12-month high of GBX 380.75.
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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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