Majestic Wine PLC (MJW) Receives Consensus Rating of “Hold” from Analysts
Shares of Majestic Wine PLC (LON:MJW) have received an average recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 386 ($5.09).
Separately, Peel Hunt upgraded shares of Majestic Wine PLC to a “hold” rating and increased their price objective for the company from GBX 300 ($3.96) to GBX 380 ($5.01) in a report on Thursday.
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.
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.