Peel Hunt Reaffirms Hold Rating for Majestic Wine (LON:WINE)

Peel Hunt reaffirmed their hold rating on shares of Majestic Wine (LON:WINE) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

A number of other research firms have also issued reports on WINE. Shore Capital raised shares of Majestic Wine to a buy rating in a research report on Monday, March 25th. Liberum Capital reissued a buy rating and set a GBX 500 ($6.53) price target on shares of Majestic Wine in a research report on Tuesday, May 21st.

WINE stock opened at GBX 318 ($4.16) on Monday. Majestic Wine has a 52 week low of GBX 214 ($2.80) and a 52 week high of GBX 495 ($6.47). The company has a quick ratio of 0.30, a current ratio of 1.23 and a debt-to-equity ratio of 28.72. The company has a market capitalization of $229.42 million and a P/E ratio of 41.30.

About Majestic Wine

Majestic Wine plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. It operates through four segments: Retail, Commercial, Lay & Wheeler, and Naked Wines. The company also provides cellarage services; and business to business wine retailing to pubs, restaurants, and events.

Read More: Dead Cat Bounce

Receive News & Ratings for Majestic Wine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majestic Wine and related companies with's FREE daily email newsletter.