Photo-Me International

Summary

• Stock: Photo-Me International PLC (LON: PHTM) common equity

• Date: June 22, 2022

• Market cap: £290m

• Rating: Buy

• Price: £0.77

• Target: £1.39

Setting the stage

Photo-Me is a British vending machine business. It operates photo booths, printing kiosks, launderettes, and vending machines. The company has almost 44,000 machines across the UK, continental Europe …