ProCook Group plc (LON:PROC – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 55 and last traded at GBX 54.95, with a volume of 297 shares. The stock had previously closed at GBX 52.50.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 62 price objective on shares of ProCook Group in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 62.
Get Our Latest Stock Analysis on PROC
ProCook Group Trading Up 4.7%
ProCook Group (LON:PROC – Get Free Report) last issued its earnings results on Thursday, June 25th. The company reported GBX 1.45 earnings per share (EPS) for the quarter. ProCook Group had a net margin of 1.85% and a return on equity of 16.45%. The firm had revenue of GBX 8,549 million for the quarter. As a group, sell-side analysts forecast that ProCook Group plc will post 1.6107383 EPS for the current year.
Insider Activity
In other ProCook Group news, insider Daniel ONeill sold 27,348,120 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of GBX 51, for a total value of £13,947,541.20. 37.48% of the stock is owned by company insiders.
About ProCook Group
ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.
The brand sells directly through its website, www.procook.co.uk, and through over 70 own-brand retail stores, located across the UK.
Founded 30 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 700 colleagues, and operating from its Store Support Centre in Gloucester.
As a B Corp, a Real Living Wage employer and a certified Great Place to Work™, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders.
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