Punch Taverns’s Equal Weight Rating Reaffirmed at Barclays (PUB)
Punch Taverns (LON:PUB)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays in a note issued to investors on Wednesday, Analyst Ratings Network reports. They currently have a GBX 16.50 ($0.27) price target on the stock. Barclays’ price target suggests a potential upside of 16.94% from the company’s current price.
Punch Taverns (LON:PUB) opened at 14.00 on Wednesday. Punch Taverns has a 52-week low of GBX 9.00 and a 52-week high of GBX 17.00. The stock’s 50-day moving average is GBX 13.97 and its 200-day moving average is GBX 13.18. The company’s market cap is £93.1 million.
PUB has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Punch Taverns in a research note to investors on Wednesday, January 15th. They now have a GBX 16 ($0.26) price target on the stock.
Punch Taverns plc is a United Kingdom-based pub company. The Company is engaged in the operation of public houses under either the leased model or as directly managed by the Company.
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