Panmure Gordon Reaffirms “Buy” Rating for Cake Box (LON:CBOX)

Cake Box (LON:CBOX)‘s stock had its “buy” rating restated by Panmure Gordon in a research note issued on Tuesday. They presently have a GBX 220 ($2.75) target price on the stock. Panmure Gordon’s price target would indicate a potential upside of 18.92% from the company’s current price.

Cake Box Stock Performance

Shares of Cake Box stock opened at GBX 185 ($2.31) on Tuesday. Cake Box has a 12 month low of GBX 155 ($1.94) and a 12 month high of GBX 200 ($2.50). The company has a quick ratio of 1.99, a current ratio of 2.50 and a debt-to-equity ratio of 18.51. The stock has a market cap of £74 million, a PE ratio of 1,681.82 and a beta of 1.19. The business has a fifty day simple moving average of GBX 191.51 and a 200-day simple moving average of GBX 181.41.

About Cake Box

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream celebration cakes in the United Kingdom. The company sells cakes, cupcakes, cheesecakes, and treats; and party accessories, including balloons and candles. It also engages in the franchising of specialist cake stores; and property rental activities.