A number of firms have modified their ratings and price targets on shares of Majestic Wine (LON: WINE) recently:

  • 12/5/2017 – Majestic Wine had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 450 ($6.06) price target on the stock.
  • 11/23/2017 – Majestic Wine had its “buy” rating reaffirmed by analysts at Investec. They now have a GBX 450 ($6.06) price target on the stock.
  • 11/23/2017 – Majestic Wine had its “sell” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 306 ($4.12) price target on the stock.
  • 11/23/2017 – Majestic Wine had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 11/23/2017 – Majestic Wine was upgraded by analysts at Peel Hunt to a “buy” rating. They now have a GBX 450 ($6.06) price target on the stock, up previously from GBX 380 ($5.11).
  • 11/23/2017 – Majestic Wine had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 500 ($6.73) price target on the stock.
  • 11/13/2017 – Majestic Wine had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 500 ($6.73) price target on the stock.
  • 11/2/2017 – Majestic Wine was upgraded by analysts at Peel Hunt to a “hold” rating. They now have a GBX 380 ($5.11) price target on the stock, up previously from GBX 300 ($4.04).

Shares of Majestic Wine PLC (LON:WINE) traded up GBX 0.50 ($0.01) on Tuesday, hitting GBX 457 ($6.15). The stock had a trading volume of 261,297 shares, compared to its average volume of 237,201. Majestic Wine PLC has a 52 week low of GBX 286.25 ($3.85) and a 52 week high of GBX 470 ($6.33).

Majestic Wine (LON:WINE) last issued its quarterly earnings data on Thursday, November 23rd. The company reported GBX 7.90 ($0.11) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 7.10 ($0.10) by GBX 0.80 ($0.01). Majestic Wine had a return on equity of 2.22% and a net margin of 0.50%. The company had revenue of £217.36 million during the quarter.

The firm also recently announced a dividend, which will be paid on Friday, December 22nd. Shareholders of record on Thursday, November 30th will be issued a GBX 2 ($0.03) dividend. The ex-dividend date is Thursday, November 30th. This represents a yield of 0.44%.

In other Majestic Wine 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 ($4.23) per share, for a total transaction of £10,990 ($14,791.39).

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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