City Pub Group (LON:CPC) had its price target lifted by investment analysts at Berenberg Bank from GBX 205 ($2.68) to GBX 260 ($3.40) in a research report issued to clients and investors on Thursday, September 20th. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 19.82% from the stock’s previous close.
Separately, Liberum Capital reaffirmed a “buy” rating on shares of City Pub Group in a research note on Friday, June 15th.
CPC stock traded down GBX 1 ($0.01) during trading on Thursday, hitting GBX 217 ($2.84). The company had a trading volume of 936 shares, compared to its average volume of 53,400. City Pub Group has a fifty-two week low of GBX 165 ($2.16) and a fifty-two week high of GBX 183.50 ($2.40).
The City Pub Group plc, together with its subsidiaries, owns, operates, and manages an estate of pubs in London and southern England. The company's pub estate comprises 39 free houses located primarily in London, Cathedral cities, and market towns. Its portfolio primarily consists of freehold, managed pubs that provide a range of drinks and food tailored for its pubs' customers.
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