Jimmy Choo PLC’s (CHOO) ” Buy” Rating Reaffirmed at HSBC

Jimmy Choo PLC (LON:CHOO)‘s stock had its ” buy” rating reissued by HSBC in a report released on Wednesday. They currently have a GBX 170 ($2.07) price target on the stock. HSBC’s target price indicates a potential upside of 17.85% from the company’s previous close.

CHOO has been the subject of a number of other research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 160 ($1.95) target price on shares of Jimmy Choo PLC in a research report on Tuesday, October 4th. Liberum Capital raised their target price on shares of Jimmy Choo PLC from GBX 135 ($1.64) to GBX 155 ($1.88) and gave the company a “buy” rating in a research report on Friday, November 18th. Finally, Barclays PLC raised their target price on shares of Jimmy Choo PLC from GBX 120 ($1.46) to GBX 140 ($1.70) and gave the company an “equal weight” rating in a research report on Monday, November 21st.

Jimmy Choo PLC (LON:CHOO) traded up 1.21% on Wednesday, reaching GBX 146.00. 133,519 shares of the company’s stock were exchanged. The firm’s market cap is GBX 551.57 million. The firm’s 50-day moving average is GBX 136.86 and its 200-day moving average is GBX 124.42. Jimmy Choo PLC has a 12 month low of GBX 92.75 and a 12 month high of GBX 150.00.

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Jimmy Choo PLC Company Profile

Jimmy Choo PLC is a shoe company. The Company offers women’s shoes, handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance and men’s shoes. The Company operates through three segments: Retail (including online), Wholesale and Other. The Retail segment’s revenue is generated through the sale of goods to end consumers through Jimmy Choo directly operated stores in Europe, the United States, Hong Kong, China and Japan and through its Website.

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