Thorntons Plc’s “Buy” Rating Reaffirmed at Panmure Gordon (THT)
Thorntons Plc (LON:THT)‘s stock had its “buy” rating reiterated by investment analysts at Panmure Gordon in a note issued to investors on Wednesday, Analyst Ratings.Net reports. They currently have a GBX 116 ($1.86) price target on the stock. Panmure Gordon’s price objective indicates a potential upside of 25.07% from the stock’s previous close.
Thorntons Plc (LON:THT) opened at 95.32 on Wednesday. Thorntons Plc has a 1-year low of GBX 28.10 and a 1-year high of GBX 103.433. The stock’s 50-day moving average is GBX 84.58 and its 200-day moving average is GBX 82.27. The company’s market cap is £64.7 million.
A number of other analysts have also recently weighed in on THT. Analysts at Investec raised their price target on shares of Thorntons Plc from GBX 112 ($1.80) to GBX 124 ($1.99) in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Thorntons PLC is a United Kingdom-based engaged in the manufacturing, retailing and distribution of confectionery and other sweet foods.
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