Berenberg Bank Reaffirms “Buy” Rating for Joules (LON:JOUL)

Berenberg Bank reiterated their buy rating on shares of Joules (LON:JOUL) in a research report report published on Thursday, June 6th, Digital Look reports. Berenberg Bank currently has a GBX 360 ($4.70) target price on the stock.

JOUL has been the topic of several other reports. Liberum Capital reiterated a buy rating on shares of Joules in a report on Friday, April 12th. Peel Hunt reiterated a buy rating on shares of Joules in a report on Monday, April 1st.

Shares of LON:JOUL traded down GBX 3 ($0.04) during trading on Thursday, reaching GBX 254 ($3.32). 39,665 shares of the company’s stock traded hands, compared to its average volume of 88,266. The company has a current ratio of 1.29, a quick ratio of 0.59 and a debt-to-equity ratio of 22.98. Joules has a fifty-two week low of GBX 202 ($2.64) and a fifty-two week high of GBX 380 ($4.97). The stock has a market cap of $223.00 million and a price-to-earnings ratio of 23.96. The stock has a 50-day simple moving average of GBX 267.78.

About Joules

Joules Group Plc, together with its subsidiaries, designs and sells lifestyle clothing, related accessories, and home ware under the Joules brand in the United Kingdom and internationally. The company operates through three segments: Retail, Wholesale, and Other. Its product portfolio includes women's swear, such as shirts, dresses, tunics, rainwear, and cold weather coats and accessories; men's wear, including tops, chinos, shirts, and denim, as well as rainwear; boys and girls, and baby collections; wellies; and home ware comprising kitchen textiles, crockery, bedding, cushions, picnic ware, and throws, as well as licensed products, including eyewear, bedding, and toiletries.

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