Shares of Patisserie Holdings PLC (LON:CAKE) have earned a consensus rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 391.25 ($5.08).
Several research firms have weighed in on CAKE. FinnCap boosted their target price on shares of Patisserie Holdings PLC from GBX 350 ($4.54) to GBX 360 ($4.67) and gave the company a “buy” rating in a report on Wednesday, May 17th. Beaufort Securities reiterated a “buy” rating on shares of Patisserie Holdings PLC in a report on Thursday, May 18th. Berenberg Bank began coverage on shares of Patisserie Holdings PLC in a report on Wednesday, July 19th. They issued a “buy” rating and a GBX 400 ($5.19) target price on the stock. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 405 ($5.26) target price on shares of Patisserie Holdings PLC in a report on Wednesday, May 17th.
Shares of Patisserie Holdings PLC (CAKE) traded up 0.84% during mid-day trading on Friday, reaching GBX 361.00. 93,731 shares of the company’s stock traded hands. The stock’s market capitalization is GBX 361.00 million. The company’s 50-day moving average price is GBX 353.47 and its 200-day moving average price is GBX 336.29. Patisserie Holdings PLC has a 12-month low of GBX 253.00 and a 12-month high of GBX 380.75.
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Patisserie Holdings PLC Company Profile
Patisserie Holdings PLC is a United Kingdom-based cafe and casual dining company. The Company offers cakes, pastries, snacks, meals, and hot and cold drinks across the United Kingdom. The Company’s segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts. It offers products, such as coffee, dairy, fruit, packaging, cocoa and wheat items.
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