Carpetright PLC Given “Buy” Rating at N+1 Singer (CPR)
Carpetright PLC (LON:CPR)‘s stock had its “buy” rating reiterated by equities research analysts at N+1 Singer in a research note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a GBX 710 ($11.37) target price on the stock. N+1 Singer’s price objective points to a potential upside of 6.45% from the stock’s previous close.
Shares of Carpetright PLC (LON:CPR) opened at 676.86 on Wednesday. Carpetright PLC has a 52 week low of GBX 573.50 and a 52 week high of GBX 716.00. The stock has a 50-day moving average of GBX 667.3 and a 200-day moving average of GBX 646.0. The company’s market cap is £456.7 million.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Carpetright PLC (LON:CPR) in a research note to investors on Friday, September 20th. They now have a GBX 500 ($8.01) price target on the stock.
Eight analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Sell” and a consensus target price of GBX 476.84 ($7.64).
Carpetright plc is a specialist floor covering retailer, selling a range of carpets, rugs, vinyls and laminates together with associated accessories.
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