Majestic Wine PLC (LON:WINE) insider James Crawford acquired 5,000 shares of the stock in a transaction on Monday, November 21st. The stock was bought at an average cost of GBX 296 ($3.70) per share, for a total transaction of £14,800 ($18,490.75).

Majestic Wine PLC (LON:WINE) opened at 283.00 on Wednesday. The stock’s market cap is GBX 200.23 million. The stock has a 50 day moving average of GBX 293.70 and a 200 day moving average of GBX 381.73. Majestic Wine PLC has a 1-year low of GBX 273.25 and a 1-year high of GBX 485.00.

The company also recently disclosed a dividend, which will be paid on Friday, December 23rd. Investors of record on Thursday, November 24th will be given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.47%. The ex-dividend date of this dividend is Thursday, November 24th.

Several brokerages have commented on WINE. Investec reaffirmed a “buy” rating and issued a GBX 450 ($5.62) price objective on shares of Majestic Wine PLC in a research report on Thursday, November 17th. Peel Hunt downgraded shares of Majestic Wine PLC to a “hold” rating and reduced their target price for the stock from GBX 440 ($5.50) to GBX 300 ($3.75) in a research note on Thursday, November 17th. Panmure Gordon reiterated a “hold” rating and issued a GBX 320 ($4.00) target price on shares of Majestic Wine PLC in a research note on Thursday, November 17th. Canaccord Genuity reduced their target price on shares of Majestic Wine PLC from GBX 350 ($4.37) to GBX 290 ($3.62) and set a “sell” rating for the company in a research note on Thursday, September 29th. Finally, Liberum Capital reduced their target price on shares of Majestic Wine PLC from GBX 505 ($6.31) to GBX 415 ($5.18) and set a “buy” rating for the company in a research note on Wednesday, September 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Majestic Wine PLC presently has an average rating of “Hold” and a consensus target price of GBX 348 ($4.35).

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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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