Majestic Wine PLC (WINE) Given Consensus Rating of “Hold” by Brokerages
Majestic Wine PLC (LON:WINE) has been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 391.20 ($5.16).
Separately, Peel Hunt raised Majestic Wine PLC to a “hold” rating and lifted their price target for the company from GBX 300 ($3.96) to GBX 380 ($5.01) in a research note on Thursday.
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In other Majestic Wine PLC news, insider James Crawford bought 3,500 shares of the stock in a transaction on Thursday, September 14th. The stock was acquired at an average cost of GBX 314 ($4.14) per share, for a total transaction of £10,990 ($14,502.51).
Majestic Wine PLC Company Profile
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.
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