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

Hotel Chocolat Group PLC (LON:HOTC) had its target price raised by equities research analysts at Liberum Capital from GBX 340 ($4.41) to GBX 365 ($4.74) in a research report issued to clients and investors on Wednesday, July 19th. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price target would indicate a potential upside of 32.85% from the company’s previous close.

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Other analysts have also recently issued research reports about the stock. Berenberg Bank initiated coverage on shares of Hotel Chocolat Group PLC in a research note on Wednesday, July 19th. They set a “hold” rating and a GBX 330 ($4.28) price objective for the company. FinnCap reaffirmed a “hold” rating and set a GBX 270 ($3.51) price objective on shares of Hotel Chocolat Group PLC in a research note on Thursday, April 20th.

Shares of Hotel Chocolat Group PLC (LON:HOTC) traded up 1.64% during midday trading on Wednesday, hitting GBX 279.25. The stock had a trading volume of 10,495 shares. The firm’s 50-day moving average price is GBX 324.16 and its 200-day moving average price is GBX 318.54. Hotel Chocolat Group PLC has a 1-year low of GBX 199.00 and a 1-year high of GBX 405.00. The stock’s market cap is GBX 315.10 million.

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About Hotel Chocolat Group PLC

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.