Majestic Wine PLC (LON:WINE) target price held steady at 290.00GBX, reported today by Canaccord Genuity
- Updated: October 3, 2016
Having a price of 300.25GBX, Majestic Wine PLC (LON:WINE) traded -0.08% lower on the day. With the last close down -27.78% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Majestic Wine PLC has recorded a 50-day average of 399.28GBX and a two hundred day average of 416.42GBX. Volume of trade was down over the average, with 2,909 shares of WINE changing hands under the typical 268,622
Majestic Wine PLC (LON:WINE) had its target price hold steady to 290.00GBX by Canaccord Genuity in a report released 10/04/2016. The new target price indicates a possible downside of -0.03% based on the company's last stock close price.
Previously on 9/29/2016, Canaccord Genuity reported about Majestic Wine PLC (LON:WINE) lowered the target price from 350.00GBX to 290.00GBX that suggested a downside of -0.07%.
With a total market value of 0 GBX, Majestic Wine PLC has price-earnings ratio of 91.14 with a one year low of 273.25GBX and a one year high of 485.00GBX .
More About Majestic Wine PLC (LON:WINE)
Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company's French business. The Commercial segment is a business-to-business wine retailer selling to pubs, restaurants and events. The Lay & Wheeler segment is a specialist in the wine market and also provides cellarage services to customers. The Naked Wines segment is a customer funded international online wine retailer. Its subsidiaries include Majestic Wine Warehouses Limited, Lay & Wheeler Limited, Les Celliers de Calais S.A.S., Majestic Wine Employee Share Ownership Trust Limited, Naked Wines International, Nakedwines.com Inc. and Vinotheque Holdings Limited.
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