Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Fuller, Smith & Turner (LON:FSTA)

Key Points

• Deutsche Bank reaffirmed its Buy rating on Fuller, Smith & Turner and maintained a GBX 1,250 price target, implying 76.67% potential upside from the prior close. Shore Capital also reiterated Buy with a GBX 1,000 target.
• Fuller, Smith & Turner shares opened at GBX 707.52, down 1.2%, with a market capitalization of approximately £370.16 million. The stock has traded between GBX 550 and GBX 780 over the past year.
• The company reported quarterly revenue of £397.80 million and EPS of GBX 47.18, while insiders sold 29,400 shares worth approximately £21.7 million during the past 90 days.

Fuller, Smith & Turner (LON:FSTA - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 1,250 target price on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 76.67% from the company's previous close.

Separately, Shore Capital Group reaffirmed a "buy" rating and issued a GBX 1,000 price target on shares of Fuller, Smith & Turner in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 1,006.67.

Fuller, Smith & Turner Stock Down 1.2%

Shares of Fuller, Smith & Turner stock opened at GBX 707.52 on Wednesday. The firm's 50 day moving average price is GBX 737.75 and its 200-day moving average price is GBX 698.59. The company has a quick ratio of 0.55, a current ratio of 0.36 and a debt-to-equity ratio of 50.97. Fuller, Smith & Turner has a 52-week low of GBX 550 and a 52-week high of GBX 780. The company has a market cap of £370.16 million, a P/E ratio of 18.33, a PEG ratio of 5.77 and a beta of 0.78.

Fuller, Smith & Turner (LON:FSTA - Get Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The company reported GBX 47.18 EPS for the quarter. Fuller, Smith & Turner had a net margin of 5.33% and a return on equity of 5.14%. The firm had revenue of £397.80 million during the quarter. On average, sell-side analysts predict that Fuller, Smith & Turner will post 29.5042322 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Neil Smith sold 4,071 shares of the business's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of GBX 741, for a total transaction of £30,166.11. Also, insider Simon Emeny sold 10,000 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of GBX 741, for a total transaction of £74,100. Insiders sold a total of 29,400 shares of company stock valued at $21,717,607 in the last 90 days. 2.14% of the stock is owned by insiders.

Fuller, Smith & Turner Company Profile

Fuller, Smith & Turner PLC is the premium pubs and hotels business that is famous for beautiful and inviting pubs with delicious fresh food, a vibrant and interesting range of drinks, and engaging service from passionate people. Our purpose in life is to create experiences that nourish the soul. Fuller's has 200 managed businesses, with 1,024 boutique bedrooms, and 177 Tenanted Inns. The estate is predominately located in the South of England (44% of sites are within the M25) and stretches from our London heartland to the Jurassic Coast via the New Forest.

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