Fishing Republic, a specialist retail and online fishing tackle business sells branded and own branded fishing products and equipment. The business looks to scale through a mixture of a ‘Buy & Build’ strategy, in a highly fragmented market place, and via organic growth and will have 13 stores operational by year end. We maintain our BUY rating and increase our price target from 37p to 47p.
20 Oct 2016
Investing for growth
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Investing for growth
Fishing Republic (FISH:LON) | 0 0 3.6% | Mkt Cap: 3.24m
- Published:
20 Oct 2016 -
Author:
Michael Campbell -
Pages:
12
Fishing Republic, a specialist retail and online fishing tackle business sells branded and own branded fishing products and equipment. The business looks to scale through a mixture of a ‘Buy & Build’ strategy, in a highly fragmented market place, and via organic growth and will have 13 stores operational by year end. We maintain our BUY rating and increase our price target from 37p to 47p.