Liberum Capital Reiterates “Buy” Rating for Hotel Chocolat Group PLC (HOTC)
Hotel Chocolat Group PLC (LON:HOTC)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a report issued on Tuesday. They currently have a GBX 365 ($4.72) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 14.78% from the stock’s current price.
A number of other equities analysts have also commented on HOTC. Berenberg Bank started coverage on Hotel Chocolat Group PLC in a research note on Wednesday, July 19th. They set a “hold” rating and a GBX 330 ($4.27) price target for the company. FinnCap reissued a “hold” rating and set a GBX 276 ($3.57) price target on shares of Hotel Chocolat Group PLC in a research note on Tuesday, July 25th.
Hotel Chocolat Group PLC (LON HOTC) opened at 306.25 on Tuesday. The firm’s 50-day moving average price is GBX 309.24 and its 200 day moving average price is GBX 320.76. Hotel Chocolat Group PLC has a 52 week low of GBX 200.00 and a 52 week high of GBX 405.00. The firm’s market cap is GBX 345.56 million.
About Hotel Chocolat Group PLC
Hotel Chocolat Group plc is a chocolate company. The Company is engaged in manufacturing and retailing of chocolate in the United Kingdom and overseas. The Company operates in three areas: the United Kingdom, Europe and Rest of World. The Company offers chocolates under the brand, Hotel Chocolat. The Company sells its chocolate direct to customers though subscription, online and its approximately 83 stores.
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