top of page
  • Writer's pictureMark Watson-Mitchell

Cake Box - a creamy prospect?


Shares in the egg-free cake baking retail franchise group Cake Box Holdings are looking 'too cheap' says broker Liberum Capital.


There is a growing queue for new stores - which is now some 47 versus only 24 pre-Covid-19.


Furthermore the company's cash generation is remaining strong, making a special dividend very affordable.


Analyst Wayne Brown retained his ‘buy’ recommendation and target price of 265p on the shares, which rose 6.8% to 176.2p yesterday.


Brown noted that online sales were up 81%.


‘The strong trading momentum since reopening of stores in mid-May has continued in September, with like-for-like sales for the last 20 weeks of the first half of 2021 up 12.1%.’






Recent Posts

See All

Hollywood Bowl (BOWL) is too cheap considering the ten-pin bowling operator continues to outperform, says Berenberg. Analyst Owen Shirley retained his ‘buy’ recommendation and target price of 350p on

Ventilation group Volution (FAN) has delivered strong 2022 numbers and Berenberg believes this puts it on track to narrow the valuation gap with its European peers. Analyst Lushanthan Mahendrarajah re

bottom of page