Liberum Capital reiterated their buy rating on shares of Loungers (LON:LGRS) in a research report report published on Wednesday morning, Stock Target Advisor reports.

A number of other equities analysts have also recently weighed in on the company. Peel Hunt reaffirmed a buy rating and issued a GBX 285 ($3.72) price target on shares of Loungers in a report on Wednesday, October 16th. Peel Hunt reissued a buy rating on shares of Loungers in a report on Monday, December 2nd.

LON:LGRS opened at GBX 210.50 ($2.75) on Wednesday. Loungers has a 52 week low of GBX 186 ($2.43) and a 52 week high of GBX 227.90 ($2.98). The company’s 50-day simple moving average is GBX 194.73. The firm has a market cap of $194.71 million and a PE ratio of -1.23.

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.

Read More: Why is the LIBOR significant?

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