Patisserie Holdings PLC (CAKE) Rating Reiterated by Arden Partners Ltd
Patisserie Holdings PLC (LON:CAKE)‘s stock had its “buy” rating restated by analysts at Arden Partners Ltd in a research note issued on Wednesday.
Several other equities research analysts also recently commented on the stock. FinnCap reissued a “buy” rating and set a GBX 350 ($4.34) target price on shares of Patisserie Holdings PLC in a research report on Friday, November 4th. Investec reissued a “buy” rating and set a GBX 400 ($4.96) target price on shares of Patisserie Holdings PLC in a research report on Tuesday. Canaccord Genuity boosted their target price on shares of Patisserie Holdings PLC from GBX 380 ($4.71) to GBX 405 ($5.02) and gave the stock a “buy” rating in a research report on Tuesday. Finally, Beaufort Securities reissued a “buy” rating on shares of Patisserie Holdings PLC in a research report on Wednesday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 379.25 ($4.70).
Patisserie Holdings PLC (LON:CAKE) opened at 276.75 on Wednesday. Patisserie Holdings PLC has a 52 week low of GBX 252.31 and a 52 week high of GBX 483.02. The company’s 50-day moving average price is GBX 281.06 and its 200 day moving average price is GBX 305.12. The company’s market capitalization is GBX 276.75 million.
The company also recently declared a dividend, which will be paid on Friday, February 10th. Investors of record on Thursday, January 12th will be issued a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 12th. This is a boost from Patisserie Holdings PLC’s previous dividend of $1.00. This represents a yield of 0.74%.
Patisserie Holdings PLC Company Profile
Patisserie Holdings PLC is a United Kingdom-based cafe and casual dining company. The Company offers cakes, pastries, snacks, meals and hot and cold drinks from approximately 140 stores and Flour Power City Bakery in the United Kingdom. Its segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts.
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