The Majestic Wine PLC (MJW) Receives Buy Rating from Peel Hunt

The Majestic Wine PLC (MJW) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Majestic Wine PLC (LON:MJW) in a research note released on Tuesday, StockTargetPrices.com reports. Peel Hunt currently has a GBX 440 ($5.74) price objective on the stock.

Other analysts have also recently issued research reports about the company. Liberum Capital dropped their target price on Majestic Wine PLC from GBX 505 ($6.59) to GBX 415 ($5.42) and set a buy rating on the stock in a research report on Wednesday, September 21st. Investec dropped their target price on Majestic Wine PLC from GBX 510 ($6.66) to GBX 450 ($5.87) and set a buy rating on the stock in a research report on Wednesday, September 21st. Finally, Canaccord Genuity dropped their target price on Majestic Wine PLC from GBX 350 ($4.57) to GBX 290 ($3.79) and set a sell rating on the stock in a research report on Thursday, September 29th.

Majestic Wine PLC (LON:MJW) traded down 0.94% during trading on Tuesday, reaching GBX 420.50. The company had a trading volume of 392,409 shares. Majestic Wine PLC has a one year low of GBX 273.25 and a one year high of GBX 485.00. The firm’s 50 day moving average is GBX 368.83 and its 200 day moving average is GBX 362.48.

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