Mothercare Rating Reiterated by Cantor Fitzgerald Europe (MTC)
Mothercare (LON:MTC)‘s stock had its “sell” rating reaffirmed by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Monday, AnalystRatings.NET reports. They currently have a GBX 200 ($3.28) price objective on the stock. Cantor Fitzgerald Europe’s price objective would indicate a potential downside of 26.54% from the stock’s previous close.
A number of other analysts have also recently weighed in on MTC. Analysts at Numis Securities Ltd downgraded shares of Mothercare to a “hold” rating in a research note to investors on Tuesday, January 14th. They now have a GBX 275 ($4.51) price target on the stock. Separately, analysts at Liberum Capital cut their price target on shares of Mothercare from GBX 300 ($4.92) to GBX 160 ($2.63) in a research note to investors on Thursday, January 9th. They now have a “sell” rating on the stock. Finally, analysts at Nplus1 Brewin downgraded shares of Mothercare to a “hold” rating in a research note to investors on Wednesday, January 8th. They now have a GBX 382 ($6.27) price target on the stock, down previously from GBX 450 ($7.39). Four analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Mothercare presently has an average rating of “Hold” and a consensus price target of GBX 307.26 ($5.04).
Shares of Mothercare (LON:MTC) traded up 6.25% on Monday, hitting GBX 289.00. 643,865 shares of the company’s stock traded hands. Mothercare has a 52-week low of GBX 262.75 and a 52-week high of GBX 494.75. The stock’s 50-day moving average is GBX 380.3 and its 200-day moving average is GBX 409.0. The company’s market cap is £256.1 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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