Peel Hunt Reaffirms Buy Rating for Joules Group (JOUL)

Peel Hunt reissued their buy rating on shares of Joules Group (LON:JOUL) in a report released on Wednesday morning. The firm currently has a GBX 380 ($5.34) target price on the stock.

Several other research firms also recently issued reports on JOUL. Liberum Capital restated a buy rating and set a GBX 400 ($5.62) price objective on shares of Joules Group in a report on Wednesday, January 17th. Beaufort Securities restated a buy rating on shares of Joules Group in a report on Wednesday, January 10th. Finally, FinnCap upped their price objective on shares of Joules Group from GBX 320 ($4.49) to GBX 325 ($4.56) and gave the company a buy rating in a report on Tuesday, December 12th. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of GBX 340.80 ($4.79).

Joules Group (JOUL) opened at GBX 339 ($4.76) on Wednesday. Joules Group has a fifty-two week low of GBX 209.34 ($2.94) and a fifty-two week high of GBX 339 ($4.76). The stock has a market cap of $296.54 and a PE ratio of 4,237.50.

The business also recently disclosed a dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Thursday, March 8th will be issued a dividend of GBX 0.70 ($0.01) per share. The ex-dividend date is Thursday, March 8th. This represents a dividend yield of 0.21%.

In other Joules Group news, insider Marc Simon Dench purchased 9,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were bought at an average price of GBX 265 ($3.72) per share, for a total transaction of £24,910 ($34,981.04).

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Joules Group Company Profile

Joules Group PLC is engaged in the design and sale of lifestyle clothing, related accessories and a homeware range, through the multi-channel business structure embracing retail stores, e-commerce, county shows and events and wholesale. The Company has three segments: Retail, Wholesale and Other. The Retail segment includes sales and costs relevant to Stores, E-commerce, Shows and Franchises.

Analyst Recommendations for Joules Group (LON:JOUL)

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