Joules has growth welly

Premium lifestyle brand is an immature global expansion play
Thursday 01 Dec 2016 Author: James Crux
A pullback at British, premium lifestyle brand Joules ( JOUL:AIM ) presents a precious opportunity to pocket an immature growth company with exciting global potential. The cash generative retailer, riding a boom in quality casual attire, intends to pay a maiden distribution for the year to May 2017. At 185p, the wellies, gilets and jewellery purveyor offers 27% potential upside towards Liberum’s 235p price target. Disciplined roll-out Leicestershire-based Joules,...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Advertising feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.