A report released earlier today by Investec about Patisserie Holdings Plc (LON:CAKE) keeps the target price at 400.00GBX
- Updated: November 28, 2016
Boasting a price of 284.88GBX, Patisserie Holdings Plc (LON:CAKE) traded 8.53% higher on the day. The last closing price is down -8.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. The company has recorded a 50-day moving average of 281.06GBX and a 200-day moving average of 305.12GBX. 847,855 shares of the stock traded hands, up from an average trading volume of 187,985
In a report released on 11/29/2016 Investec hold steady the stock price target of Patisserie Holdings Plc (LON:CAKE) from 400.00GBX to 400.00GBX reporting a possible upside of 0.40%.
On 1/26/2016, Investec reported about Patisserie Holdings Plc (LON:CAKE) raised the target price from 0.00GBX to 425.00GBX that suggested an upside of 0.12%.
See Chart Below
Patisserie Holdings Plc has a 52 week low of 252.31GBX and a 52 week high of 483.02GBX with a P/E ratio of 22.40 The company’s market cap is currently 0 GBX.
In addition to Investec reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is 379.25GBX with 3 firms rating the stock a strong buy, 0 firms rating the stock a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For Patisserie Holdings Plc (LON:CAKE)
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 from approximately 140 stores and Flour Power City Bakery in the United Kingdom. Its segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts. It offers cakes in categories, including celebration cakes, wedding cakes and individual treats. It also offers create-a-cake feature, which allows its customers to design gateaux. The Company manufactures its products in approximately seven bakeries. The Company sells its products primarily through stores and through an online channel. The Company's brand, Druckers, offers a counter service. Its brand, Philpotts, is a sandwich retailer. The Company also offers afternoon tea. It manufactures gelato, an Italian style ice cream, in a range of flavors. It manufactures confectioneries, such as truffles and marzipan figures. It also offers function rooms.
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