Nplus1 Brewin Upgrades Mothercare to “Buy” (MTC)
Mothercare (LON:MTC) was upgraded by stock analysts at Nplus1 Brewin to a “buy” rating in a report issued on Thursday, StockRatingsNetwork.com reports. The firm currently has a GBX 450 ($7.21) price objective on the stock. Nplus1 Brewin’s target price indicates a potential upside of 13.56% from the company’s current price.
MTC has been the subject of a number of other recent research reports. Analysts at N+1 Singer upgraded shares of Mothercare (LON:MTC) from a “hold” rating to a “buy” rating in a research note to investors on Thursday. They now have a GBX 450 ($7.21) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Mothercare (LON:MTC) in a research note to investors on Friday, September 20th. They now have a GBX 200 ($3.20) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Mothercare (LON:MTC) in a research note to investors on Thursday, August 29th. They now have a GBX 200 ($3.20) price target on the stock. Five analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Mothercare presently has an average rating of “Hold” and an average target price of GBX 338.79 ($5.43).
Mothercare (LON:MTC) traded up 3.39% on Thursday, hitting GBX 396.25. 34,391 shares of the company’s stock traded hands. Mothercare has a 52 week low of GBX 204.00 and a 52 week high of GBX 494.75. The stock’s 50-day moving average is GBX 429. and its 200-day moving average is GBX 378.9. The company’s market cap is £350.9 million.
Mothercare plc is a retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands.
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