Carphone Warehouse Group Receives Buy Rating from Citigroup Inc. (CPW)
Carphone Warehouse Group (LON:CPW)‘s stock had its “buy” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Wednesday, Analyst RN reports. They currently have a GBX 320 ($5.25) price objective on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 13.68% from the company’s current price.
CPW has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Carphone Warehouse Group in a research note to investors on Wednesday. They now have a GBX 315 ($5.17) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Carphone Warehouse Group in a research note to investors on Friday, January 10th. They now have a GBX 250 ($4.10) price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 267.50 ($4.39).
Shares of Carphone Warehouse Group (LON:CPW) opened at 282.30 on Wednesday. Carphone Warehouse Group has a one year low of GBX 187.50 and a one year high of GBX 289.00. The stock has a 50-day moving average of GBX 275.3 and a 200-day moving average of GBX 254.9. The company’s market cap is £1.612 billion.
Carphone Warehouse Group plc principally consists of a 50% interest in the Best Buy Europe Group and a 46% interest in Virgin Mobile France.
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