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.

TRADEMARK VIOLATION NOTICE: This article was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was stolen and republished in violation of United States and international copyright and trademark law. The original version of this article can be read at https://www.americanbankingnews.com/2017/11/02/majestic-wine-plc-wine-given-consensus-rating-of-hold-by-brokerages.html.

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.

Analyst Recommendations for Majestic Wine PLC (LON:WINE)

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.