City Pub Group (LON:CPC) had its price target raised by analysts at Berenberg Bank from GBX 260 ($3.40) to GBX 270 ($3.53) in a report released on Tuesday, April 9th, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 20.54% from the company’s current price.
Separately, Liberum Capital boosted their target price on shares of City Pub Group from GBX 265 ($3.46) to GBX 280 ($3.66) and gave the stock a “buy” rating in a research note on Tuesday, April 9th.
LON:CPC remained flat at $GBX 224 ($2.93) during mid-day trading on Tuesday. 31,830 shares of the company were exchanged, compared to its average volume of 53,400. The company has a market capitalization of $133.01 million and a PE ratio of 74.67. The company has a debt-to-equity ratio of 14.77, a current ratio of 0.75 and a quick ratio of 0.46. City Pub Group has a fifty-two week low of GBX 154 ($2.01) and a fifty-two week high of GBX 254.46 ($3.32).
The City Pub Group plc, together with its subsidiaries, owns, operates, and manages an estate of pubs in London and southern England. The company's pub estate comprises 39 free houses located primarily in London, Cathedral cities, and market towns. Its portfolio primarily consists of freehold, managed pubs that provide a range of drinks and food tailored for its pubs' customers.
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