Separately, Berenberg Bank increased their target price on shares of City Pub Group from GBX 205 ($2.68) to GBX 260 ($3.40) and gave the stock a buy rating in a research note on Thursday, September 20th.
LON:CPC opened at GBX 196 ($2.56) on Thursday. City Pub Group has a one year low of GBX 165 ($2.16) and a one year high of GBX 183.50 ($2.40).
The City Pub Group plc, together with its subsidiaries, owns, operates, and manages an estate of pubs in London and southern England. The company's pub estate comprises 39 free houses located primarily in London, Cathedral cities, and market towns. Its portfolio primarily consists of freehold, managed pubs that provide a range of drinks and food tailored for its pubs' customers.
Further Reading: Fundamental Analysis
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