Mothercare’s “Sell” Rating Reaffirmed at Cantor Fitzgerald Europe (MTC)
Mothercare (LON:MTC)‘s stock had its “sell” rating restated by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports. They currently have a GBX 200 ($3.28) price objective on the stock. Cantor Fitzgerald Europe’s target price suggests a potential downside of 26.54% from the stock’s previous close.
Mothercare (LON:MTC) opened at 286.70 on Monday. Mothercare has a 52 week low of GBX 262.75 and a 52 week high of GBX 494.75. The stock has a 50-day moving average of GBX 380.3 and a 200-day moving average of GBX 409.0. The company’s market cap is £254.0 million.
Other equities research analysts have also recently issued reports about the stock. 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 company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.