Punch Taverns (LON:PUB)‘s stock had its “hold” rating restated by equities researchers at Numis Securities Ltd in a research report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 11 ($0.18) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 1.48% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “sell” rating on shares of Punch Taverns in a research note to investors on Friday, November 22nd. They now have a GBX 7 ($0.11) price target on the stock.
Punch Taverns (LON:PUB) opened at 11.8125 on Monday. Punch Taverns has a 1-year low of GBX 6.81 and a 1-year high of GBX 16.25. The stock has a 50-day moving average of GBX 11.86 and a 200-day moving average of GBX 12.9. The company’s market cap is £78.6 million.
Punch Taverns plc is a United Kingdom-based pub company. The Company is engaged in the operation of public houses under either the leased model or as directly managed by the Company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.