Oriel Securities Ltd Reiterates “Add” Rating for Conviviality Retail PLC (CVR)
Conviviality Retail PLC (LON:CVR)‘s stock had its “add” rating reiterated by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Monday. They currently have a GBX 180 ($3.08) target price on the stock. Oriel Securities Ltd’s price objective indicates a potential upside of 9.69% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Edison Investment Research reiterated a “positive” rating on shares of Conviviality Retail PLC in a research note on Wednesday, May 7th. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Conviviality Retail PLC in a research note on Tuesday, May 6th. They now have a GBX 222 ($3.80) price target on the stock.
Shares of Conviviality Retail PLC (LON:CVR) traded up 0.37% during mid-day trading on Monday, hitting GBX 164.10. The stock had a trading volume of 131,435 shares. Conviviality Retail PLC has a 1-year low of GBX 100.00 and a 1-year high of GBX 199.00. The stock’s 50-day moving average is GBX 168. and its 200-day moving average is GBX 172.8.
The company also recently announced a dividend, which is scheduled for Friday, October 17th. Shareholders of record on Wednesday, September 17th will be paid a dividend of GBX 6 ($0.10) per share. This represents a dividend yield of 3.61%. The ex-dividend date is Wednesday, September 17th.
Conviviality Retail Plc owns franchised off-license and convenience chain with 611 franchisee-operated stores.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.