Joules (LON:JOUL) Price Target Cut to GBX 400 by Analysts at Liberum Capital

Joules (LON:JOUL) had its price target reduced by Liberum Capital from GBX 420 ($5.49) to GBX 400 ($5.23) in a research note published on Thursday, Stock Target Advisor reports. They currently have a buy rating on the stock.

JOUL has been the subject of several other research reports. Peel Hunt restated a buy rating on shares of Joules in a report on Monday. Peel Hunt reaffirmed a buy rating and issued a GBX 400 ($5.23) price objective on shares of Joules in a research note on Thursday, October 3rd.

JOUL stock traded down GBX 2 ($0.03) during trading on Thursday, hitting GBX 218 ($2.85). The company had a trading volume of 72,896 shares, compared to its average volume of 88,266. The stock has a market cap of $193.88 million and a PE ratio of 19.29. The business has a 50-day moving average of GBX 249.95 and a 200-day moving average of GBX 258.67. The company has a current ratio of 1.39, a quick ratio of 0.45 and a debt-to-equity ratio of 19.59. Joules has a one year low of GBX 202 ($2.64) and a one year high of GBX 317 ($4.14).

About Joules

Joules Group Plc, together with its subsidiaries, designs and sells lifestyle clothing, related accessories, and home ware under the Joules brand in the United Kingdom and internationally. The company operates through three segments: Retail, Wholesale, and Other. Its product portfolio includes women's swear, such as shirts, dresses, tunics, rainwear, and cold weather coats and accessories; men's wear, including tops, chinos, shirts, and denim, as well as rainwear; boys and girls, and baby collections; wellies; and home ware comprising kitchen textiles, crockery, bedding, cushions, picnic ware, and throws, as well as licensed products, including eyewear, bedding, and toiletries.

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