November 24, 2016 - By Darrin Black
Beaufort Securities reaffirmed their “Buy” rating on Finsbury Food Group PLC (LON:FIF)‘s stock in a research note revealed to clients and investors on Thursday morning.
Out of 2 analysts covering Finsbury Food Group PLC (LON:FIF), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 150 is the highest target while GBX 120 is the lowest. The GBX 150 average target is 26.37% above today’s (GBX 118.7) stock price. Finsbury Food Group PLC has been the topic of 9 analyst reports since September 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, September 20 by Beaufort Securities. The rating was maintained by Panmure Gordon with “Buy” on Monday, September 19. Panmure Gordon maintained it with “Buy” rating and GBX 120 target price in Wednesday, November 25 report. The stock of Finsbury Food Group plc (LON:FIF) earned “Buy” rating by Panmure Gordon on Monday, July 18. Beaufort Securities maintained the shares of FIF in a report on Thursday, November 24 with “Buy” rating. On Tuesday, July 19 the stock rating was maintained by Beaufort Securities with “Buy”. Panmure Gordon maintained the stock with “Buy” rating in Friday, January 15 report. As per Monday, September 21, the company rating was maintained by Panmure Gordon.
About 20,808 shares traded hands. Finsbury Food Group plc (LON:FIF) has declined 1.68% since April 27, 2016 and is downtrending. It has underperformed by 7.09% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 0.82 in 2016 Q2. Its down 0.72, from 1.54 in 2016Q1. The ratio worsened, as 5 funds sold all Finsbury Food Group plc shares owned while 8 reduced positions. 6 funds bought stakes while 14 increased positions. They now own 4.05 million shares or 4.64% less from 4.25 million shares in 2016Q1.
Moreover, Tfs Capital Limited Com has 0.05% invested in Finsbury Food Group plc (LON:FIF) for 15,462 shares. Raymond James And has 0% invested in the company for 42,566 shares. Bank Of America De last reported 96,931 shares in the company. Grt Capital Prtnrs Ltd Co last reported 10,460 shares in the company. Invesco has 256,960 shares for 0% of their US portfolio. Fincl Architects, a New Jersey-based fund reported 721 shares. Td Cap Limited Co has 0% invested in the company for 350 shares. Cambridge Research Advsrs last reported 0.02% of its portfolio in the stock. Wells Fargo Mn has invested 0% of its portfolio in Finsbury Food Group plc (LON:FIF). Ladenburg Thalmann Financial Inc last reported 0.01% of its portfolio in the stock. Partnervest Advisory Services Ltd Com owns 18,451 shares or 0.16% of their US portfolio. Stifel Fincl last reported 0% of its portfolio in the stock. Sterneck Cap Ltd Liability Corporation has 47,051 shares for 0.55% of their US portfolio. Guggenheim Cap Limited Liability, a Illinois-based fund reported 481,730 shares. Raymond James Fincl Service Incorporated accumulated 31,222 shares or 0.01% of the stock.
Finsbury Food Group Plc is a United Kingdom bakery manufacturer. The company has a market cap of 154.27 million GBP. The Firm is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. It has a 19.91 P/E ratio. The Company’s divisions include UK bakery, Overseas and Group Operations.
Another recent and important Finsbury Food Group plc (LON:FIF) news was published by Fool.Co.Uk which published an article titled: “Why I Would Buy Big Yellow Group plc, Finsbury Food Group plc And AstraZeneca plc” on July 16, 2015.
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By Darrin Black