Liberum Capital Reaffirms “Buy” Rating for Loungers (LON:LGRS)
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.
Loungers plc operates cafÃ©s, bars, and restaurants under the Lounge and Cosy Club brands in England and Wales. It operates 146 cafÃ©s, 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.