Arden Partners reiterated Finsbury Food Group PLC (LON:FIF) to Buy in a statement released earlier today.
- Updated: November 30, 2016
Arden Partners has reiterated Finsbury Food Group PLC (LON:FIF) to Buy in a report released on 11/30/2016.
Just yesterday Finsbury Food Group PLC (LON:FIF) traded 0.62% higher at 112.25GBX. Finsbury Food Group PLC’s 50-day moving average is 123.62GBX and its 200-day moving average is 121.94GBX. The last stock price is down -7.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 248,482 shares of Finsbury Food Group PLC exchanged hands, down from an avg. volume of 268,405
With a total market value of 0 GBX, Finsbury Food Group PLC has price-earnings ratio of 18.70 with a one year low of 102.00GBX and a one year high of 139.00GBX .
A total of 1 analyst has released a research note on FIF. zero analysts rating the company a strong buy, two analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 127.00GBX.
More About Finsbury Food Group PLC (LON:FIF)
Finsbury Food Group Plc is a United Kingdom-based bakery manufacturer. The Company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. The Company's segments include UK bakery, Overseas and Group Operations. The Company's UK Bakery segment manufactures and sells bakery products to the United Kingdom's multiple grocers and foodservice sectors. The UK bakery segment primarily includes the operations of Memory Lane Cakes Ltd, Lightbody Group Ltd, Campbells Cake Company Ltd, Johnstone's Food Service Ltd, Fletchers Bakeries Ltd and Nicholas & Harris Ltd. The Overseas segment is engaged in the distribution of the Company's product manufactured in the United Kingdom along with the sale of third party products primarily to Europe. Kara is the Company's foodservice brand. Its licensed brands include Disney, Thorntons, Weight Watchers, Vogel's, Village Bakery and Cranks.
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