Berenberg Bank reaffirmed their buy rating on shares of Joules (LON:JOUL) in a report released on Tuesday morning. The brokerage currently has a GBX 360 ($4.70) target price on the stock.

JOUL has been the topic of several other research reports. Peel Hunt reaffirmed a buy rating on shares of Joules in a report on Friday, August 24th. Liberum Capital reissued a buy rating on shares of Joules in a research note on Wednesday, July 25th. Five research analysts have rated the stock with a buy rating, Joules has a consensus rating of Buy and an average price target of GBX 369 ($4.82).

LON:JOUL opened at GBX 270.50 ($3.53) on Tuesday. Joules has a 52-week low of GBX 236.99 ($3.10) and a 52-week high of GBX 339.20 ($4.43).

The business also recently declared a dividend, which will be paid on Thursday, November 15th. Stockholders of record on Thursday, October 25th will be paid a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, October 25th. This represents a dividend yield of 0.39%. This is an increase from Joules’s previous dividend of $0.70.

In other news, insider Marc Simon Dench sold 78,493 shares of the stock in a transaction on Monday, July 30th. The stock was sold at an average price of GBX 325 ($4.25), for a total value of £255,102.25 ($333,336.27).

About Joules

Joules Group Plc, together with its subsidiaries, designs and sells lifestyle clothing, related accessories, and home ware under the Joules brand in the United Kingdom and internationally. The company operates through three segments: Retail, Wholesale, and Other. Its product portfolio includes women's swear, such as shirts, dresses, tunics, rainwear, and cold weather coats and accessories; men's wear, including tops, chinos, shirts, and denim, as well as rainwear; boys and girls, and baby collections; wellies; and home ware comprising kitchen textiles, crockery, bedding, cushions, picnic ware, and throws, as well as licensed products, including eyewear, bedding, and toiletries.

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Analyst Recommendations for Joules (LON:JOUL)

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