Cake Box (LON:CBOX) Receives “Buy” Rating from Panmure Gordon

Cake Box (LON:CBOX)‘s stock had its “buy” rating reiterated by Panmure Gordon in a report issued on Tuesday. They presently have a GBX 220 ($2.76) price target on the stock. Panmure Gordon’s price target suggests a potential upside of 18.92% from the company’s previous close.

Cake Box Price Performance

LON:CBOX opened at GBX 185 ($2.32) on Tuesday. The company has a debt-to-equity ratio of 18.51, a quick ratio of 1.99 and a current ratio of 2.50. The company has a 50-day moving average of GBX 191.25 and a 200-day moving average of GBX 181.13. The company has a market capitalization of £74 million, a price-to-earnings ratio of 1,681.82 and a beta of 1.19. Cake Box has a 52 week low of GBX 155 ($1.94) and a 52 week high of GBX 200 ($2.51).

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.