Majestic Wine PLC (LON:WINE) Buy Rating Maintained by Liberum Capital; The TP is Set to GBX 500.00; Last Week General Motors Company (GM) Coverage

April 17, 2018 - By John Hoffman

General Motors Company (NYSE:GM) Logo

Professional analysts at Liberum Capital have GBX 500.00 target price per share on Majestic Wine PLC (LON:WINE). Liberum Capital’s target price per share indicates a potential upside of 29.37% from the company’s stock close price. The rating was disclosed to clients in an analyst report on Tuesday morning.

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company has $70.0 highest and $26 lowest target. $45.06’s average target is 15.04% above currents $39.17 stock price. General Motors Company had 93 analyst reports since July 24, 2015 according to SRatingsIntel. Nomura initiated General Motors Company (NYSE:GM) rating on Tuesday, September 20. Nomura has “Neutral” rating and $33 target. JP Morgan maintained the stock with “Overweight” rating in Tuesday, March 13 report. Piper Jaffray maintained General Motors Company (NYSE:GM) rating on Tuesday, February 6. Piper Jaffray has “Buy” rating and $52.0 target. The firm earned “Underperform” rating on Wednesday, January 11 by Daiwa Securities. The firm has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. The rating was maintained by Piper Jaffray on Monday, September 11 with “Buy”. The firm earned “Hold” rating on Thursday, September 14 by Standpoint Research. The stock of General Motors Company (NYSE:GM) has “Buy” rating given on Monday, September 25 by Deutsche Bank. The rating was upgraded by Citigroup on Wednesday, October 25 to “Buy”. The firm has “Neutral” rating given on Friday, July 24 by Credit Suisse. See General Motors Company (NYSE:GM) latest ratings:

09/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Old Target: $45 Upgrade
13/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $56 New Target: $55 Maintain
04/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $42.0 Maintain
14/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $43 New Target: $44 Maintain
12/02/2018 Broker: Citigroup Rating: Buy New Target: $70.0 Maintain
07/02/2018 Broker: Guggenheim Rating: Buy New Target: $56.0 Maintain
08/02/2018 Broker: Nomura Old Rating: Neutral New Rating: Neutral Old Target: $46 New Target: $45 Maintain
07/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $57 New Target: $60 Maintain
06/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $52.0 Maintain
22/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $52.0 Maintain

Majestic Wine plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits. The company has market cap of 293.85 million GBP. It operates through four divisions: Retail, Commercial, Lay & Wheeler, and Naked Wines. It has a 105.38 P/E ratio. The firm offers red, white, rose, fine, dessert, and port and sherry wines; champagne, prosecco, sparkling wine, and cavas under Ruinart, Laurent Perrier, Veuve Clicquot, Bollinger, Nicolas Feuillatte, Taittinger, Krug, Lanson, Moët & Chandon, and Chandon brands; and beer products comprising lager, ale, and craft beers.

The stock increased 3.53% or GBX 14 during the last trading session, reaching GBX 411. About 185,075 shares traded or 8.44% up from the average. Majestic Wine plc (LON:WINE) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 6 analysts covering Majestic Wine PLC (LON:WINE), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Majestic Wine PLC has GBX 540 highest and GBX 280 lowest target. GBX 412.17’s average target is 0.28% above currents GBX 411 stock price. Majestic Wine PLC had 52 analyst reports since March 4, 2016 according to SRatingsIntel. Peel Hunt downgraded Majestic Wine plc (LON:WINE) rating on Thursday, November 17. Peel Hunt has “Hold” rating and GBX 300 target. Liberum Capital maintained the stock with “Buy” rating in Monday, November 13 report. Liberum Capital maintained it with “Buy” rating and GBX 510 target in Monday, June 20 report. The stock has “Hold” rating by Shore Capital on Thursday, June 15. Liberum Capital maintained Majestic Wine plc (LON:WINE) rating on Tuesday, April 17. Liberum Capital has “Buy” rating and GBX 500 target. As per Thursday, November 23, the company rating was maintained by Canaccord Genuity. The firm has “Buy” rating given on Wednesday, September 21 by Investec. The stock of Majestic Wine plc (LON:WINE) earned “Sell” rating by Peel Hunt on Thursday, June 15. The rating was maintained by Investec on Thursday, June 15 with “Buy”. The company was maintained on Thursday, November 17 by Panmure Gordon.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company has market cap of $54.86 billion. The firm operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial divisions. It currently has negative earnings. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It is positive, as 64 investors sold General Motors Company shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Insur Tx accumulated 118,620 shares. Numeric Ltd Liability Corp invested 0.12% in General Motors Company (NYSE:GM). Credit Agricole S A reported 800 shares. Gfs Advsr Limited Liability Company invested 0.14% of its portfolio in General Motors Company (NYSE:GM). Advantus Cap Incorporated stated it has 0.13% of its portfolio in General Motors Company (NYSE:GM). The Arizona-based Stellar Cap Mngmt Ltd Liability has invested 1.34% in General Motors Company (NYSE:GM). Peapack Gladstone Fincl has invested 0.01% of its portfolio in General Motors Company (NYSE:GM). 424,047 were reported by Schroder Invest Mgmt Gp. Kingstown Cap Mgmt Lp invested 7.23% in General Motors Company (NYSE:GM). Camelot Portfolios Ltd Llc holds 11,923 shares or 0.23% of its portfolio. The New York-based Glg Ltd Liability has invested 0.68% in General Motors Company (NYSE:GM). Chevy Chase Trust Holdings Inc holds 1.48M shares or 0.26% of its portfolio. Argi Invest Services Limited Liability Company holds 46,659 shares or 0.13% of its portfolio. Williams Jones & Ltd Company holds 0.09% in General Motors Company (NYSE:GM) or 92,873 shares. Victory Cap Management Inc invested in 0.02% or 230,959 shares.

The stock increased 1.14% or $0.44 during the last trading session, reaching $39.17. About 5.06 million shares traded. General Motors Company (NYSE:GM) has risen 0.46% since April 17, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

General Motors Company (NYSE:GM) Institutional Positions Chart