What Will Happen to Patisserie Holdings PLC Next? The Stock Just Declined A Lot

 What Will Happen to Patisserie Holdings PLC Next? The Stock Just Declined A Lot

The stock of Patisserie Holdings PLC (LON:CAKE) is a huge mover today! The stock increased 4.65% or GBX 12 on November 29, hitting GBX 270. About 3.31M shares traded hands or 1300.48% up from the average. Patisserie Holdings PLC (LON:CAKE) has declined 27.38% since April 29, 2016 and is downtrending. It has underperformed by 32.63% the S&P500.
The move comes after 6 months negative chart setup for the GBX 264.49 million company. It was reported on Nov, 29 by Barchart.com. We have GBX 253.80 PT which if reached, will make LON:CAKE worth GBX 15.87 million less.

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 20 analyst reports since October 9, 2015 according to StockzIntelligence Inc. On Tuesday, November 29 the stock rating was maintained by FinnCap with “Buy”. Peel Hunt downgraded it to “Hold” rating and GBX 362 target price in Tuesday, January 5 report. The rating was maintained by Beaufort Securities with “Buy” on Monday, November 30. The stock of Patisserie Holdings PLC (LON:CAKE) has “Hold” rating given on Wednesday, August 10 by FinnCap. The firm has “Buy” rating by Canaccord Genuity given on Thursday, June 2. The stock of Patisserie Holdings PLC (LON:CAKE) has “Add” rating given on Friday, November 27 by Peel Hunt. As per Friday, October 9, the company rating was maintained by Canaccord Genuity. As per Friday, August 12, the company rating was upgraded by FinnCap. Cantor Fitzgerald maintained the shares of CAKE in a report on Friday, November 27 with “Buy” rating. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, November 29.

More news for Patisserie Holdings PLC (LON:CAKE) were recently published by: Uk.Finance.Yahoo.com, which released: “Patisserie Holdings plc (CAKE.L)” on April 23, 2014. Fool.Co.Uk‘s article titled: “Patisserie Holdings PLC Has Its Cake… And Eats It, Too” and published on May 20, 2015 is yet another important article.

Patisserie Holdings PLC is a United Kingdom cafe and casual dining company. The company has a market cap of 264.49 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 21.66 P/E ratio. The Company’s divisions include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts.

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