Mothercare Receives Sell Rating from Cantor Fitzgerald Europe (MTC)
Mothercare (LON:MTC)‘s stock had its “sell” rating restated by stock analysts at Cantor Fitzgerald Europe in a report issued on Monday, AnalystRatingsNetwork reports. They currently have a GBX 200 ($3.28) price target on the stock. Cantor Fitzgerald Europe’s price objective indicates a potential downside of 26.54% from the stock’s previous close.
MTC has been the subject of a number of other recent research reports. 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 research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 307.26 ($5.04).
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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