Finsbury Food Group plc (FIF) Price Target Raised to GBX 150 at Panmure Gordon
Finsbury Food Group plc (LON:FIF) had its price objective boosted by Panmure Gordon from GBX 127 ($1.66) to GBX 150 ($1.96) in a report released on Monday morning. They currently have a buy rating on the stock.
Separately, Beaufort Securities reissued a buy rating on shares of Finsbury Food Group plc in a research report on Tuesday, July 19th.
Shares of Finsbury Food Group plc (LON:FIF) opened at 130.90 on Monday. Finsbury Food Group plc has a 52-week low of GBX 99.80 and a 52-week high of GBX 139.00. The company has a 50 day moving average of GBX 128.23 and a 200 day moving average of GBX 119.12. The stock’s market capitalization is GBX 166.36 million.
The business also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 17th will be given a GBX 1.87 ($0.02) dividend. The ex-dividend date is Thursday, November 17th. This is a positive change from Finsbury Food Group plc’s previous dividend of $0.93. This represents a yield of 1.38%.
In related news, insider Baker ,Peter bought 40,000 shares of the company’s stock in a transaction on Tuesday, June 28th. The shares were purchased at an average cost of GBX 108 ($1.41) per share, with a total value of £43,200 ($56,389.51).
About Finsbury Food Group plc
Finsbury Food Group Plc is a United Kingdom-based company engaged in manufacture and sales of bakery products to the United Kingdom’s grocers. The Company includes United Kingdom cake and bread business. The Company also produces a range of sweet snacking products, slices and in store bakery (ISB) bites.
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