Carphone Warehouse Group Receives “Buy” Rating from Deutsche Bank (CPW)
Carphone Warehouse Group (LON:CPW)‘s stock had its “buy” rating restated by Deutsche Bank in a research note issued on Monday, American Banking and Market News reports. They currently have a GBX 285 ($4.57) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 16.56% from the stock’s previous close.
A number of other firms have also recently commented on CPW. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Carphone Warehouse Group in a research note to investors on Wednesday, October 2nd. They now have a GBX 290 ($4.65) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Carphone Warehouse Group in a research note to investors on Monday, September 23rd. They now have a GBX 275 ($4.41) price target on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Carphone Warehouse Group in a research note to investors on Wednesday, September 4th. They now have a GBX 250 ($4.01) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. Carphone Warehouse Group has a consensus rating of “Buy” and a consensus target price of GBX 250.71 ($4.02).
Carphone Warehouse Group (LON:CPW) traded up 1.77% on Monday, hitting GBX 244.50. The stock had a trading volume of 182,461 shares. Carphone Warehouse Group has a 1-year low of GBX 155.34 and a 1-year high of GBX 257.50. The stock’s 50-day moving average is GBX 233.4 and its 200-day moving average is GBX 231.9. The company’s market cap is £1.156 billion.
Carphone Warehouse Group plc principally consists of a 50% interest in the Best Buy Europe Group and a 46% interest in Virgin Mobile France.
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