4imprint Group plc (FOUR) Lifted to Buy at Berenberg Bank
4imprint Group plc (LON:FOUR) was upgraded by Berenberg Bank to a “buy” rating in a note issued to investors on Tuesday. The brokerage currently has a GBX 2,000 ($25.87) price objective on the stock, up from their previous price objective of GBX 1,950 ($25.22). Berenberg Bank’s price target points to a potential upside of 16.48% from the company’s previous close.
Several other brokerages have also commented on FOUR. FinnCap reaffirmed a “buy” rating and issued a GBX 2,060 ($26.64) price objective on shares of 4imprint Group plc in a research report on Tuesday, May 9th. Peel Hunt increased their price target on shares of 4imprint Group plc from GBX 1,800 ($23.28) to GBX 1,840 ($23.80) and gave the stock an “add” rating in a report on Tuesday, May 9th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 1,900 ($24.57) price target on shares of 4imprint Group plc in a report on Tuesday, May 9th.
Shares of 4imprint Group plc (FOUR) opened at 1717.00 on Tuesday. The firm has a 50-day moving average of GBX 1,660.61 and a 200-day moving average of GBX 1,703.15. The company’s market capitalization is GBX 481.70 million. 4imprint Group plc has a 12 month low of GBX 1,475.00 and a 12 month high of GBX 1,900.00.
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In other 4imprint Group plc news, insider Charles John Brady purchased 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were bought at an average price of GBX 1,708 ($22.09) per share, for a total transaction of £17,080 ($22,090.02).
4imprint Group plc Company Profile
4imprint Group plc is a direct marketer of products in the United States, Canada, the United Kingdom and Ireland. The Company supplies products under the brand name 4imprint. The Company sells a range of promotional products, which are purchased by a range of individuals within various types and sizes of businesses and organizations.
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