Equities research analysts at Berenberg Bank assumed coverage on shares of City Pub Group (LON:CPC) in a note issued to investors on Monday. The firm set a “buy” rating and a GBX 205 ($2.78) price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 21.09% from the stock’s previous close.

City Pub Group (LON:CPC) opened at GBX 169.30 ($2.30) on Monday. City Pub Group has a 12 month low of GBX 165 ($2.24) and a 12 month high of GBX 183.50 ($2.49).

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City Pub Group Company Profile

City Pub Group plc is a United Kingdom-based company. The Company owns and operates an estate of premium pubs across southern England. The Company’s pub estate comprises 34 free houses located largely in London, cathedral cities and market towns, each of which is focused on appealing specifically to its local market.

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