Thorntons plc Stock Rating Reaffirmed by Investec (THT)
Thorntons plc (LON:THT)‘s stock had its “buy” rating restated by equities research analysts at Investec in a research note issued to investors on Thursday. They currently have a GBX 175 ($2.98) target price on the stock. Investec’s price objective suggests a potential upside of 63.55% from the stock’s previous close.
Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Thorntons plc in a research note on Wednesday, April 30th. They now have a GBX 170 ($2.90) price target on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Thorntons plc has a consensus rating of “Buy” and an average target price of GBX 171 ($2.91).
Shares of Thorntons plc (LON:THT) opened at 108.266 on Thursday. Thorntons plc has a 1-year low of GBX 75.00 and a 1-year high of GBX 167.75. The stock has a 50-day moving average of GBX 109.3 and a 200-day moving average of GBX 135.6. The company’s market cap is £72.5 million.
Thorntons PLC is engaged in manufacturing, retailing and distribution of confectionery and other sweet foods.
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