Loungers (LON:LGRS) Stock Rating Reaffirmed by Peel Hunt

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Peel Hunt reaffirmed their buy rating on shares of Loungers (LON:LGRS) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital reaffirmed a buy rating on shares of Loungers in a research report on Wednesday.

Shares of LON LGRS opened at GBX 222.50 ($2.91) on Thursday. Loungers has a 1-year low of GBX 209 ($2.73) and a 1-year high of GBX 227.90 ($2.98). The firm has a market capitalization of $205.81 million and a price-to-earnings ratio of -1.30.

About Loungers

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brands in England and Wales. It operates 146 cafés, bars, and restaurants. The company was founded in 2002 and is headquartered in Bristol, the United Kingdom.

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