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 researchers at Cantor Fitzgerald Europe in a research report issued on Monday, American Banking & Market News 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 trading on Monday. 756,916 shares of the company’s stock traded hands. Laura Ashley Holdings Plc has a one year low of GBX 22.493 and a one year high of GBX 30.00. The stock has a 50-day moving average of GBX 26.04 and a 200-day moving average of GBX 26.20. The company’s market cap is £183.8 million.
The company also recently declared a dividend, which is scheduled for Monday, February 10th. Stockholders of record on Wednesday, January 29th will be given a dividend of GBX 1 ($0.02) per share. This represents a yield of 3.88%. The ex-dividend date of this dividend is Wednesday, January 29th.
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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