Peel Hunt reiterated their buy rating on shares of Majestic Wine PLC (LON:MJW) in a research note released on Tuesday morning, StockTargetPrices.com reports. Peel Hunt currently has a GBX 440 ($5.74) target price on the stock.
A number of other equities analysts have also recently commented on MJW. Liberum Capital boosted their price target on shares of Majestic Wine PLC from GBX 500 ($6.53) to GBX 510 ($6.66) and gave the stock a buy rating in a research note on Monday, June 20th. Investec cut their price target on shares of Majestic Wine PLC from GBX 510 ($6.66) to GBX 450 ($5.87) and set a buy rating for the company in a research note on Wednesday, September 21st. Finally, Canaccord Genuity cut their price target on shares of Majestic Wine PLC from GBX 350 ($4.57) to GBX 290 ($3.79) and set a sell rating for the company in a research note on Thursday, September 29th.
Majestic Wine PLC (LON:MJW) opened at 420.50 on Tuesday. Majestic Wine PLC has a 1-year low of GBX 273.25 and a 1-year high of GBX 485.00. The stock’s 50 day moving average is GBX 368.83 and its 200 day moving average is GBX 362.48.
About Majestic Wine PLC
Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case.
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