Hotel Chocolat Group PLC (LON:HOTC) PT Raised to GBX 365 at Liberum Capital

Hotel Chocolat Group PLC (LON:HOTC) had its price objective lifted by Liberum Capital from GBX 340 ($4.43) to GBX 365 ($4.76) in a research note issued to investors on Wednesday, July 19th. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 17.74% from the company’s previous close.

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Several other equities research analysts have also commented on HOTC. Berenberg Bank assumed coverage on Hotel Chocolat Group PLC in a research report on Wednesday, July 19th. They set a “hold” rating and a GBX 330 ($4.30) target price on the stock. FinnCap restated a “hold” rating and set a GBX 270 ($3.52) target price on shares of Hotel Chocolat Group PLC in a research report on Thursday, April 20th.

Shares of Hotel Chocolat Group PLC (HOTC) opened at 318.50 on Wednesday. The stock’s 50 day moving average price is GBX 339.31 and its 200-day moving average price is GBX 317.89. The firm’s market cap is GBX 359.39 million. Hotel Chocolat Group PLC has a 52-week low of GBX 178.00 and a 52-week high of GBX 405.00.

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Hotel Chocolat Group PLC Company Profile

Hotel Chocolat Group plc is a chocolate company. The Company is engaged in manufacturing and retailing of chocolate in the United Kingdom and overseas. The Company operates in three areas: the United Kingdom, Europe and Rest of World. The Company offers chocolates under the brand, Hotel Chocolat. The Company sells its chocolate direct to customers though subscription, online and its approximately 83 stores.