Numis Securities Ltd Reiterates Hold Rating for Punch Taverns plc (PUB)
Punch Taverns plc (LON:PUB)‘s stock had its “hold” rating restated by Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 10 ($0.17) target price on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 8.70% from the stock’s previous close.
Punch Taverns plc (LON:PUB) traded down 2.17% during mid-day trading on Monday, hitting GBX 9.00. The stock had a trading volume of 10,000 shares. Punch Taverns plc has a 52 week low of GBX 8.50 and a 52 week high of GBX 17.00. The stock has a 50-day moving average of GBX 9.35 and a 200-day moving average of GBX 11.54. The company’s market cap is £59.9 million.
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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