Gear4music (G4M) Rating Reiterated by Peel Hunt

Peel Hunt restated their buy rating on shares of Gear4music (LON:G4M) in a research note released on Thursday. They currently have a GBX 1,000 ($14.04) price target on the stock.

Gear4music (LON:G4M) opened at GBX 650 ($9.13) on Thursday. The firm has a market cap of $135.02 and a PE ratio of 8,125.00. Gear4music has a fifty-two week low of GBX 490 ($6.88) and a fifty-two week high of GBX 894.64 ($12.56).

In other Gear4music news, insider Dean Murray sold 5,000 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of GBX 656 ($9.21), for a total transaction of £32,800 ($46,060.95).

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About Gear4music

Gear4music (Holdings) plc is engaged in the online retailing of musical instruments and equipment. The Company sells its own-brand musical instruments and music equipment alongside with other brands. The Company offers over 1,500 products, which are sold under approximately eight brands, including Gear4music; Archer, which offers string instruments, such as violins, cellos, violas and double bass; Redsub, which offers bass guitar amplifiers and pedals; SubZero, which offers guitars, amplifiers, mixers, speakers and audio electronics; Minster, which offers digital pianos; Rosedale, which offers woodwind instruments, such as clarinets, flutes, oboes and piccolos, and Brass Instruments, which offers trumpets, trombones, tubas and French horns.

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