Beaufort Securities Reaffirms Buy Rating for Patisserie Holdings PLC (CAKE)

Patisserie Holdings PLC (LON:CAKE)‘s stock had its “buy” rating reaffirmed by stock analysts at Beaufort Securities in a report issued on Thursday, May 18th.

A number of other equities analysts also recently issued reports on the company. FinnCap lifted their price target on Patisserie Holdings PLC from GBX 350 ($4.43) to GBX 360 ($4.55) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Canaccord Genuity reissued a “buy” rating and set a GBX 405 ($5.12) target price on shares of Patisserie Holdings PLC in a research report on Wednesday, May 17th. Five research analysts have rated the stock with a buy rating, Patisserie Holdings PLC has a consensus rating of “Buy” and a consensus price target of GBX 388.33 ($4.91).

Analyst Recommendations for Patisserie Holdings PLC (LON:CAKE)

Shares of Patisserie Holdings PLC (LON CAKE) traded up 0.78% during midday trading on Thursday, reaching GBX 324.00. The company’s stock had a trading volume of 155,639 shares. The company’s market capitalization is GBX 324.00 million. The stock has a 50 day moving average price of GBX 342.55 and a 200-day moving average price of GBX 323.84. Patisserie Holdings PLC has a 52-week low of GBX 252.31 and a 52-week high of GBX 380.75.

The business also recently declared a dividend, which will be paid on Friday, July 7th. Investors of record on Thursday, June 1st will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 1st. This represents a dividend yield of 0.35%.

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About Patisserie Holdings PLC

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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