Patisserie Holdings PLC (CAKE) Given Average Recommendation of “Buy” by Brokerages

Patisserie Holdings PLC (LON:CAKE) has been given a consensus recommendation of “Buy” by the seven analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 398 ($5.25).

A number of equities analysts have issued reports on the company. Berenberg Bank assumed coverage on Patisserie Holdings PLC in a report on Wednesday, July 19th. They set a “buy” rating and a GBX 400 ($5.28) target price on the stock. FinnCap restated a “buy” rating and set a GBX 360 ($4.75) target price on shares of Patisserie Holdings PLC in a report on Tuesday, July 25th. Finally, Peel Hunt restated an “add” rating and set a GBX 425 ($5.61) target price on shares of Patisserie Holdings PLC in a report on Wednesday.

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Shares of Patisserie Holdings PLC (LON CAKE) opened at 338.00 on Friday. The firm’s market capitalization is GBX 338.00 million. The firm has a 50-day moving average of GBX 344.47 and a 200-day moving average of GBX 345.97. Patisserie Holdings PLC has a one year low of GBX 253.00 and a one year high of GBX 380.75.

About Patisserie Holdings PLC

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.

Analyst Recommendations for Patisserie Holdings PLC (LON:CAKE)

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