Peel Hunt Begins Coverage on Hotel Chocolat Group (HOTC)

Investment analysts at Peel Hunt assumed coverage on shares of Hotel Chocolat Group (LON:HOTC) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating and a GBX 300 ($3.92) price target on the stock. Peel Hunt’s price objective points to a potential upside of 14.50% from the company’s previous close.

Separately, Liberum Capital reaffirmed a “buy” rating on shares of Hotel Chocolat Group in a research note on Thursday, October 18th.

Hotel Chocolat Group stock opened at GBX 262 ($3.42) on Wednesday. Hotel Chocolat Group has a 1-year low of GBX 238 ($3.11) and a 1-year high of GBX 405 ($5.29).

Hotel Chocolat Group Company Profile

Hotel Chocolat Group plc manufactures, distributes, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, including self purchase, gift and occasion, and rare and vintage chocolates, as well as drinking chocolates, and wine and spirits.

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