Jimmy Choo PLC’s (CHOO) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada restated their outperform rating on shares of Jimmy Choo PLC (LON:CHOO) in a report published on Tuesday. They currently have a GBX 160 ($2.09) target price on the stock.

Several other research firms have also weighed in on CHOO. Liberum Capital upgraded shares of Jimmy Choo PLC to a buy rating and set a GBX 135 ($1.76) price objective on the stock in a research note on Wednesday, June 15th. HSBC reiterated a buy rating and issued a GBX 165 ($2.15) price objective on shares of Jimmy Choo PLC in a research note on Monday, June 27th. Finally, Barclays PLC upped their price objective on shares of Jimmy Choo PLC from GBX 110 ($1.44) to GBX 120 ($1.57) and gave the company an equal weight rating in a research note on Monday, September 5th.

Shares of Jimmy Choo PLC (LON:CHOO) opened at 138.85 on Tuesday. The stock’s market cap is GBX 524.56 million. Jimmy Choo PLC has a 1-year low of GBX 92.75 and a 1-year high of GBX 157.10. The company’s 50-day moving average is GBX 125.58 and its 200 day moving average is GBX 117.99.

In other Jimmy Choo PLC news, insider Denis,Pierre sold 320,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of GBX 126 ($1.64), for a total value of £403,200 ($526,302.05). Also, insider Parker,Meribeth bought 12,000 shares of the firm’s stock in a transaction on Thursday, September 1st. The stock was acquired at an average cost of GBX 126 ($1.64) per share, with a total value of £15,120 ($19,736.33).

About Jimmy Choo PLC

Jimmy Choo PLC (Jimmy Choo) is a United Kingdom-based footwear company. The Company offers its products, including shoes, bags, fragrances and eyewear under the brand Jimmy Choo. The Company’s operating segments include retail (including online), wholesale and other. The Retail segment’s revenue is generated through the sale of goods to end consumers via Jimmy Choo directly operated stores in Europe, the United States, Hong Kong, China and Japan and via its Website.

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