Majestic Wine PLC (LON:MJW) has been given an average rating of “Hold” by the six ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 370 ($4.80).

Several equities analysts recently issued reports on MJW shares. Liberum Capital upped their target price on Majestic Wine PLC from GBX 380 ($4.93) to GBX 465 ($6.04) and gave the company a “buy” rating in a research report on Wednesday, April 19th. Peel Hunt reissued a “hold” rating on shares of Majestic Wine PLC in a research report on Friday, June 9th. Finally, Shore Capital downgraded Majestic Wine PLC to a “hold” rating in a research report on Thursday, June 15th.

COPYRIGHT VIOLATION WARNING: “Majestic Wine PLC (MJW) Receives Consensus Recommendation of “Hold” from Analysts” was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/08/15/majestic-wine-plc-mjw-receives-consensus-recommendation-of-hold-from-analysts-3.html.

About Majestic Wine PLC

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Analyst Recommendations for Majestic Wine PLC (LON:MJW)

Receive News & Ratings for Majestic Wine PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majestic Wine PLC and related companies with MarketBeat.com's FREE daily email newsletter.