Breaking Finance News

Shore Capital retained Conviviality Retail (LON:CVR) to Buy in a report released today.

Shore Capital has retained Conviviality Retail (LON:CVR) to Buy in a report released on Wednesday October 05, 2016.

Just yesterday Conviviality Retail (LON:CVR) traded -0.80% lower at 218.25GBX. Conviviality Retail’s 50-day moving average is 219.58GBX and its 200-day moving average is 212.36GBX. The last stock price is up 2.90% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 542,348 shares of CVR traded hands, down from an average trading volume of 692,083

Recent Performance Chart

Conviviality Retail (LON:CVR)

Conviviality Retail has 52 week low of 163.09GBX and a 52 week high of 239.00GBX with a PE ratio of 49.66 and has a market capitalization of 0 GBX.

In addition to Shore Capital reporting its stock price target, a total of 2 brokerages have issued a ratings update on the company. The average stock price target is 295.00GBX with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Conviviality Retail (LON:CVR)

Conviviality Plc is a wholesaler and distributor of alcohol and impulse products serving consumers through its franchised retail outlets or through hospitality and food service. The Company's activities consist of the wholesale and retail distribution of beers, wines, spirits, tobacco, grocery and confectionery within the United Kingdom to both the on-trade and off-trade market. Its segments include Conviviality Retail, Matthew Clark and Peppermint Events. Its Conviviality Retail is a franchised off-license and convenience chain with over 370 Franchisees and over 700 retail stores trading primarily under the fascias of Bargain Booze, Bargain Booze Select Convenience and Wine Rack. Its Conviviality Direct is an independent wholesaler to the on-trade, serving over 23,000 outlets from national hotel chains to independent food-led pubs and restaurants trading through two businesses, Matthew Clark and Bibendum. Its Conviviality Trading is a full service brand and wine agency.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *