Thorntons Plc Price Target Increased to GBX 150 by Analysts at Panmure Gordon (THT)
Equities researchers at Panmure Gordon boosted their target price on shares of Thorntons Plc (LON:THT) from GBX 116 ($1.91) to GBX 150 ($2.47) in a research report issued on Thursday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price objective would suggest a potential upside of 5.63% from the stock’s previous close.
Thorntons Plc (LON:THT) traded up 3.20% on Thursday, hitting GBX 147.8333. 942,117 shares of the company’s stock traded hands. Thorntons Plc has a 1-year low of GBX 37.62 and a 1-year high of GBX 151.00. The stock’s 50-day moving average is GBX 137. and its 200-day moving average is GBX 106.7. The company’s market cap is £100.3 million.
Several other analysts have also recently commented on the stock. Analysts at Nplus1 Brewin raised their price target on shares of Thorntons Plc from GBX 140 ($2.31) to GBX 160 ($2.64) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer raised their price target on shares of Thorntons Plc from GBX 140 ($2.31) to GBX 160 ($2.64) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Thorntons Plc in a research note to investors on Thursday. They now have a GBX 161 ($2.65) price target on the stock. Five analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of GBX 166.20 ($2.74).
Thorntons PLC is a United Kingdom-based engaged in the manufacturing, retailing and distribution of confectionery and other sweet foods.
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