Does Patisserie Holdings PLC Have Any Gas After Today’s Huge Increase?

 Does Patisserie Holdings PLC Have Any Gas After Today's Huge Increase?

The stock of Patisserie Holdings PLC (LON:CAKE) is a huge mover today! The stock decreased 1.03% or GBX 2.84 on November 9, hitting GBX 272.16. About 145,888 shares traded hands or 5.08% up from the average. Patisserie Holdings PLC (LON:CAKE) has declined 24.86% since April 11, 2016 and is downtrending. It has underperformed by 29.65% the S&P500.
The move comes after 6 months positive chart setup for the GBX 272.16M company. It was reported on Nov, 9 by We have GBX 593.31 PT which if reached, will make LON:CAKE worth GBX 321.15M more.

Patisserie Holdings PLC (LON:CAKE) Ratings Coverage

Out of 6 analysts covering Patisserie Holdings (LON:CAKE), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. Patisserie Holdings has been the topic of 17 analyst reports since October 9, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, November 30 by Beaufort Securities. As per Friday, October 9, the company rating was maintained by Canaccord Genuity. The stock of Patisserie Holdings PLC (LON:CAKE) has “Hold” rating given on Wednesday, May 18 by Peel Hunt. As per Wednesday, December 2, the company rating was maintained by FinnCap. FinnCap upgraded Patisserie Holdings PLC (LON:CAKE) on Friday, August 12 to “Buy” rating. The firm has “Hold” rating by FinnCap given on Wednesday, May 18. The rating was maintained by FinnCap on Friday, April 8 with “Hold”. The rating was upgraded by Peel Hunt on Friday, November 27 to “Add”. The rating was upgraded by Canaccord Genuity to “Buy” on Wednesday, May 18. Peel Hunt downgraded the shares of CAKE in a report on Tuesday, January 5 to “Hold” rating.

More important recent Patisserie Holdings PLC (LON:CAKE) news were published by: which released: “Patisserie Holdings plc (CAKE.L)” on April 23, 2014, also Fool.Co.Uk published article titled: “Patisserie Holdings PLC Has Its Cake… And Eats It, Too”, Fool.Co.Uk published: “Why I would buy growth stars Patisserie Holdings plc and Fevertree Drinks plc …” on May 20, 2016. More interesting news about Patisserie Holdings PLC (LON:CAKE) was released by: Fool.Co.Uk and their article: “Why WYG PLC And Patisserie Holdings PLC Could Be Worth Buying After Surging …” with publication date: January 26, 2015.

Patisserie Holdings PLC is a United Kingdom cafe and casual dining company. The company has a market cap of 272.16 million GBP. The Firm offers cakes, pastries, snacks, meals and hot and cold drinks from approximately 140 stores and Flour Power City Bakery in the United Kingdom. It has a 21.83 P/E ratio. The Company’s divisions include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts.

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