Produce Investments Ltd (PIL) Receives Buy Rating from Whitman Howard
Whitman Howard reissued their buy rating on shares of Produce Investments Ltd (LON:PIL) in a research note published on Friday morning. Whitman Howard currently has a GBX 210 ($2.82) price target on the stock.
Several other analysts have also issued reports on the company. Numis Securities Ltd reissued a buy rating and set a GBX 286 ($3.85) target price on shares of Produce Investments in a report on Wednesday, June 21st. Shore Capital reissued a buy rating on shares of Produce Investments in a report on Thursday, September 21st.
Produce Investments (LON:PIL) opened at 176.00 on Friday. The company’s market capitalization is GBX 47.38 million. Produce Investments has a 12-month low of GBX 143.00 and a 12-month high of GBX 220.00. The company has a 50 day moving average price of GBX 170.99 and a 200-day moving average price of GBX 184.43.
In other Produce Investments news, insider Robert J. (Bob) Johnston acquired 2,500 shares of the company’s stock in a transaction that occurred on Thursday, June 29th. The stock was acquired at an average cost of GBX 180 ($2.42) per share, for a total transaction of £4,500 ($6,051.64). Also, insider Robert J. (Bob) Johnston acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were acquired at an average price of GBX 183 ($2.46) per share, with a total value of £18,300 ($24,610.01). Over the last 90 days, insiders have purchased 25,000 shares of company stock valued at $4,592,500.
About Produce Investments
Produce Investments PLC is engaged in growing, sourcing, packing and marketing potatoes, daffodils bulbs and flowers. The Company operates through three segments: fresh, processing and other. The Fresh segment comprises the sites, staff and assets that grow, source, pack and deliver fresh produce to customers, ranging from large retailers, wholesalers to small private businesses and this segment covers potatoes, daffodils and bulbs.
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