Todays Report: Today, Majestic Wine PLC’s (WINE) “Buy” Rating Reiterated at Peel Hunt

Today, Majestic Wine PLC’s (WINE) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Majestic Wine PLC (LON:WINE) in a report published on Tuesday. The firm currently has a GBX 440 ($5.74) target price on the stock.

Several other research analysts have also commented on the stock. Canaccord Genuity cut their price target on shares of Majestic Wine PLC from GBX 350 ($4.57) to GBX 290 ($3.79) and set a sell rating on the stock in a report on Thursday, September 29th. Liberum Capital cut their price target on shares of Majestic Wine PLC from GBX 505 ($6.59) to GBX 415 ($5.42) and set a buy rating on the stock in a report on Wednesday, September 21st. Finally, Investec dropped their price objective on shares of Majestic Wine PLC from GBX 510 ($6.66) to GBX 450 ($5.87) and set a buy rating on the stock in a research note on Wednesday, September 21st.

Shares of Majestic Wine PLC (LON:WINE) opened at 311.75 on Tuesday. The company has a 50-day moving average of GBX 388.99 and a 200 day moving average of GBX 413.73. The stock’s market cap is GBX 220.57 million. Majestic Wine PLC has a 52-week low of GBX 273.25 and a 52-week high of GBX 485.00.

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