Patisserie Holdings PLC (LON:CAKE) Receives “Buy” Rating from FinnCap

FinnCap reissued their buy rating on shares of Patisserie Holdings PLC (LON:CAKE) in a research report report published on Tuesday, July 25th. The firm currently has a GBX 360 ($4.67) price objective on the stock.

A number of other equities research analysts also recently commented on CAKE. Canaccord Genuity reiterated a buy rating and issued a GBX 405 ($5.26) price objective on shares of Patisserie Holdings PLC in a report on Wednesday, April 26th. Beaufort Securities reiterated a buy rating on shares of Patisserie Holdings PLC in a report on Thursday, May 18th. Finally, Berenberg Bank started coverage on Patisserie Holdings PLC in a report on Wednesday, July 19th. They issued a buy rating and a GBX 400 ($5.19) price objective for the company. Six analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of GBX 391.25 ($5.08).

Patisserie Holdings PLC (LON CAKE) traded up 0.07% on Tuesday, hitting GBX 358.75. 12,587 shares of the stock traded hands. The firm’s 50-day moving average price is GBX 355.27 and its 200-day moving average price is GBX 336.91. Patisserie Holdings PLC has a 12-month low of GBX 253.00 and a 12-month high of GBX 380.75. The stock’s market cap is GBX 358.75 million.

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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 across the United Kingdom. The Company’s segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts. It offers products, such as coffee, dairy, fruit, packaging, cocoa and wheat items.

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