Cantor Fitzgerald Europe Reiterates Buy Rating for Laura Ashley Holdings Plc (ALY)
Laura Ashley Holdings Plc (LON:ALY)‘s stock had its “buy” rating restated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Monday, AR Network reports. They currently have a GBX 35 ($0.57) target price on the stock. Cantor Fitzgerald Europe’s price objective would suggest a potential upside of 38.61% from the stock’s previous close.
Shares of Laura Ashley Holdings Plc (LON:ALY) remained flat at GBX 25.25 during during mid-day trading trading on Monday. 39,952 shares of the company’s stock traded hands. Laura Ashley Holdings Plc has a 52 week low of GBX 22.50 and a 52 week high of GBX 30.00. The stock’s 50-day moving average is GBX 26.11 and its 200-day moving average is GBX 26.19. The company’s market cap is £183.8 million.
Laura Ashley Holdings plc is a United Kingdom-based company. The Company is engaged in designing, sourcing, distributing and selling of clothing, accessories and home furnishings.
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