Peel Hunt Reaffirms Buy Rating for Loungers (LON:LGRS)

Peel Hunt restated their buy rating on shares of Loungers (LON:LGRS) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital restated a buy rating on shares of Loungers in a report on Wednesday, June 12th.

The stock has a market cap of $188.70 million and a PE ratio of -1.19. Loungers has a fifty-two week low of GBX 200 ($2.61) and a fifty-two week high of GBX 227.90 ($2.98). The stock has a fifty day simple moving average of GBX 207.70.

About Loungers

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brands in England and Wales. It operates 146 cafés, bars, and restaurants. The company was founded in 2002 and is headquartered in Bristol, the United Kingdom.

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