Carpetright PLC Given Sell Rating at Numis Securities Ltd (CPR)
Carpetright PLC (LON:CPR)‘s stock had its “sell” rating restated by stock analysts at Numis Securities Ltd in a report issued on Monday, American Banking News reports. They currently have a GBX 400 ($6.42) target price on the stock. Numis Securities Ltd’s price objective points to a potential downside of 34.32% from the company’s current price.
Shares of Carpetright PLC (LON:CPR) opened at 616.50 on Monday. Carpetright PLC has a 52-week low of GBX 573.50 and a 52-week high of GBX 716.00. The stock’s 50-day moving average is GBX 667.3 and its 200-day moving average is GBX 646.0. The company’s market cap is £416.0 million.
A number of other analysts have also recently weighed in on CPR. Analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Carpetright PLC in a research note to investors on Friday. They now have a GBX 500 ($8.02) price target on the stock. Separately, analysts at Prime Markets reiterated a “sell” rating on shares of Carpetright PLC in a research note to investors on Friday. They now have a GBX 573 ($9.19) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Carpetright PLC in a research note to investors on Friday. They now have a GBX 710 ($11.39) price target on the stock. Eight research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 539.77 ($8.66).
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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