Majestic Wine PLC (LON:WINE)‘s stock had its “buy” rating reissued by Liberum Capital in a report released on Monday. They presently have a GBX 500 ($6.58) price objective on the stock. Liberum Capital’s target price points to a potential upside of 35.14% from the stock’s current price.

Separately, Peel Hunt raised shares of Majestic Wine PLC to a “hold” rating and upped their price objective for the company from GBX 300 ($3.95) to GBX 380 ($5.00) in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 391.20 ($5.15).

Shares of Majestic Wine PLC (LON WINE) opened at GBX 370 ($4.87) on Monday. Majestic Wine PLC has a 52 week low of GBX 277.72 ($3.65) and a 52 week high of GBX 400.75 ($5.27).

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In related news, insider James Crawford purchased 3,500 shares of Majestic Wine PLC stock in a transaction dated Thursday, September 14th. The stock was acquired at an average cost of GBX 314 ($4.13) per share, with a total value of £10,990 ($14,454.82).

Majestic Wine PLC Company Profile

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Analyst Recommendations for Majestic Wine PLC (LON:WINE)

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