Carpetright PLC Receives Buy Rating from Nplus1 Brewin (CPR)
Carpetright PLC (LON:CPR)‘s stock had its “buy” rating reaffirmed by equities researchers at Nplus1 Brewin in a research report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 710 ($11.33) target price on the stock. Nplus1 Brewin’s price objective would indicate a potential upside of 14.15% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of Carpetright PLC in a research note to investors on Thursday. They now have a GBX 710 ($11.33) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Carpetright PLC in a research note to investors on Monday, October 7th. They now have a GBX 400 ($6.39) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Carpetright PLC in a research note to investors on Friday, October 4th. They now have a GBX 500 ($7.98) price target on the stock. Eight equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. Carpetright PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 539.77 ($8.62).
Shares of Carpetright PLC (LON:CPR) traded up 0.32% during mid-day trading on Thursday, hitting GBX 622.00. 35,917 shares of the company’s stock traded hands. Carpetright PLC has a one year low of GBX 570.00 and a one year 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 £419.7 million.
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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