The stock of Young & Co.’s Brewery plc (LON:YNGA) hit a new 52-week high and has GBX 2224.40 target or 66.00% above today’s GBX 1340.00 share price. The 7 months bullish chart indicates low risk for the GBX 599.45M company. The 1-year high was reported on Nov, 16 by Barchart.com. If the GBX 2224.40 price target is reached, the company will be worth GBX 395.64 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.11% or GBX 1.5 on November 16, hitting GBX 1340. About 12,621 shares traded hands or 58.18% up from the average. Young & Co.’s Brewery plc (LON:YNGA) has risen 12.20% since April 19, 2016 and is uptrending. It has outperformed by 7.51% the S&P500.
Young & Co.’s Brewery plc (LON:YNGA) Ratings Coverage
Out of 2 analysts covering Young & Co’s Brewery ‘a’ Shares (LON:YNGA), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Young & Co’s Brewery ‘a’ Shares has been the topic of 3 analyst reports since November 12, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Panmure Gordon on Thursday, November 12. JP Morgan maintained it with “Overweight” rating and GBX 1370 target price in Friday, November 13 report.
Another recent and important Young & Co.’s Brewery plc (LON:YNGA) news was published by Fool.Co.Uk which published an article titled: “3 super small-caps? 88 Energy Ltd, James Halstead plc & Young & Co.’s Brewery plc” on May 19, 2016.
Young & Co.’s Brewery, P.L.C. is engaged in managing pubs. The company has a market cap of 599.45 million GBP. The Firm operates through three divisions: Young’s managed houses, Geronimo managed houses and the Ram Pub Company. It has a 22.22 P/E ratio. Both Young’s and Geronimo managed houses operate pubs.
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