Majestic Wine (LON:WINE) Receives Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of Majestic Wine (LON:WINE) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently weighed in on the stock. Shore Capital upgraded shares of Majestic Wine to a buy rating in a research report on Monday, March 25th. Peel Hunt restated a hold rating on shares of Majestic Wine in a research report on Monday.

LON:WINE opened at GBX 283 ($3.70) on Thursday. Majestic Wine has a 1 year low of GBX 214 ($2.80) and a 1 year high of GBX 495 ($6.47). The company has a debt-to-equity ratio of 28.72, a current ratio of 1.23 and a quick ratio of 0.30. The company has a market capitalization of $204.17 million and a PE ratio of 36.75.

About Majestic Wine

Majestic Wine plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. It operates through four segments: Retail, Commercial, Lay & Wheeler, and Naked Wines. The company also provides cellarage services; and business to business wine retailing to pubs, restaurants, and events.

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