Finsbury Food Group plc (FIF) Stock Rating Reaffirmed by Beaufort Securities
Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 127 ($1.66) price objective on shares of Finsbury Food Group plc in a research note on Monday, July 18th.
Shares of Finsbury Food Group plc (LON:FIF) opened at 136.00 on Tuesday. The company’s 50-day moving average is GBX 127.64 and its 200 day moving average is GBX 118.66. Finsbury Food Group plc has a 52 week low of GBX 95.00 and a 52 week high of GBX 139.00. The firm’s market capitalization is GBX 172.84 million.
The company also recently announced a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 17th will be paid a GBX 1.87 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 17th. This is an increase from Finsbury Food Group plc’s previous dividend of $0.93. This represents a dividend yield of 1.38%.
In other news, insider Baker ,Peter bought 40,000 shares of the firm’s stock in a transaction dated Tuesday, June 28th. The stock was acquired at an average cost of GBX 108 ($1.41) per share, for a total transaction of £43,200 ($56,389.51).
Finsbury Food Group plc Company Profile
Finsbury Food Group Plc is a United Kingdom-based company engaged in manufacture and sales of bakery products to the United Kingdom’s grocers. The Company includes United Kingdom cake and bread business. The Company also produces a range of sweet snacking products, slices and in store bakery (ISB) bites.
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