Thorntons Plc PT Raised to GBX 160 at Nplus1 Brewin (THT)
Stock analysts at Nplus1 Brewin boosted their price objective on shares of Thorntons Plc (LON:THT) from GBX 140 ($2.31) to GBX 160 ($2.64) in a report issued on Thursday, American Banking News reports. The firm currently has a “buy” rating on the stock. Nplus1 Brewin’s target price indicates a potential upside of 12.68% from the stock’s previous close.
Shares of Thorntons Plc (LON:THT) traded up 3.32% during mid-day trading on Thursday, hitting GBX 148.00. 932,117 shares of the company’s stock traded hands. Thorntons Plc has a 52 week low of GBX 37.62 and a 52 week 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 £100.4 million.
A number of other firms have also recently commented on THT. 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. Separately, 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. Finally, analysts at Charles Stanley initiated coverage on shares of Thorntons Plc in a research note to investors on Wednesday. They set a “buy” rating and a GBX 200 ($3.30) price target on the stock. Five analysts have rated the stock with a buy rating, Thorntons Plc has an average rating of “Buy” and an average target price 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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