Canaccord Genuity reaffirmed their sell rating on shares of Majestic Wine PLC (LON:MJW) in a research report sent to investors on Wednesday morning, StockTargetPrices.com reports. The brokerage currently has a GBX 290 ($3.59) target price on the stock.
A number of other brokerages have also recently weighed in on MJW. Peel Hunt reissued a buy rating and set a GBX 440 ($5.45) price target on shares of Majestic Wine PLC in a research report on Tuesday, October 4th. Liberum Capital reduced their price target on shares of Majestic Wine PLC from GBX 525 ($6.50) to GBX 505 ($6.25) and set a buy rating on the stock in a research report on Tuesday, July 5th. Finally, Investec reduced their price target on shares of Majestic Wine PLC from GBX 510 ($6.31) to GBX 450 ($5.57) and set a buy rating on the stock in a research report on Wednesday, September 21st.
Majestic Wine PLC (LON:MJW) opened at 420.50 on Wednesday. Majestic Wine PLC has a 52-week low of GBX 273.25 and a 52-week high of GBX 485.00. The firm’s 50-day moving average is GBX 368.83 and its 200 day moving average is GBX 362.48.
Majestic Wine PLC Company Profile
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.
Receive News & Ratings for Majestic Wine PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majestic Wine PLC and related companies with MarketBeat.com's FREE daily email newsletter.