Finsbury Food Group plc’s (FIF) “Buy” Rating Reiterated at Beaufort Securities
Finsbury Food Group plc (LON:FIF)‘s stock had its “buy” rating reissued by investment analysts at Beaufort Securities in a note issued to investors on Thursday.
Separately, Panmure Gordon lifted their price objective on Finsbury Food Group plc from GBX 127 ($1.59) to GBX 150 ($1.87) and gave the company a “buy” rating in a research report on Monday, September 19th.
Shares of Finsbury Food Group plc (LON:FIF) opened at 117.00 on Thursday. The stock has a 50 day moving average price of GBX 124.76 and a 200-day moving average price of GBX 121.94. Finsbury Food Group plc has a 1-year low of GBX 102.00 and a 1-year high of GBX 139.00. The firm’s market cap is GBX 148.34 million.
The company also recently disclosed a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 17th will be given a dividend of GBX 1.87 ($0.02) per share. This is a boost from Finsbury Food Group plc’s previous dividend of $0.93. The ex-dividend date is Thursday, November 17th. This represents a yield of 1.38%.
In related news, insider Paul Monk sold 146,000 shares of Finsbury Food Group plc stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of GBX 124 ($1.55), for a total transaction of £181,040 ($226,186.91).
Finsbury Food Group plc Company Profile
Finsbury Food Group Plc is a United Kingdom-based company engaged in manufacture and sales of bakery products to the United Kingdom’s grocers. The Company includes United Kingdom cake and bread business. The Company also produces a range of sweet snacking products, slices and in store bakery (ISB) bites.
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