Cake Box (LON:CBOX) Earns Buy Rating from Panmure Gordon

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

Cake Box Stock Down 2.6 %

Shares of CBOX 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 stock has a market cap of £74 million, a price-to-earnings ratio of 1,681.82 and a beta of 1.19. The company has a 50-day moving average price of GBX 191.51 and a two-hundred day moving average price of GBX 181.41. The company has a quick ratio of 1.99, a current ratio of 2.50 and a debt-to-equity ratio of 18.51.

Cake Box Company Profile

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.