Mothercare Stock Rating Reaffirmed by Numis Securities Ltd (MTC)
Mothercare (LON:MTC)‘s stock had its “add” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday, AnalystRatings.Net reports.
Mothercare (LON:MTC) opened at 294.00 on Wednesday. Mothercare has a 52-week low of GBX 267.00 and a 52-week high of GBX 494.75. The stock’s 50-day moving average is GBX 407.5 and its 200-day moving average is GBX 417.2. The company’s market cap is £260.5 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Mothercare to a “neutral” rating in a research note to investors on Wednesday. They now have a GBX 335 ($5.49) price target on the stock. Separately, analysts at N+1 Singer downgraded shares of Mothercare to a “hold” rating in a research note to investors on Wednesday. They now have a GBX 382 ($6.27) price target on the stock, down previously from GBX 450 ($7.38). Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 320.02 ($5.25).
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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