Shares of Majestic Wine PLC (LON:MJW) have earned a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 370 ($4.78).

Several analysts have weighed in on MJW shares. Shore Capital downgraded shares of Majestic Wine PLC to a “hold” rating in a research report on Thursday, June 15th. Liberum Capital reissued a “buy” rating and set a GBX 465 ($6.01) target price on shares of Majestic Wine PLC in a research report on Tuesday, June 6th. Finally, Peel Hunt downgraded shares of Majestic Wine PLC to a “sell” rating and set a GBX 300 ($3.87) target price on the stock. in a research report on Thursday, June 15th.

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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)

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