Mothercare Stock Rating Reaffirmed by Cantor Fitzgerald Europe (MTC)
Mothercare (LON:MTC)‘s stock had its “sell” rating reaffirmed by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Monday, Stock Ratings Network.com reports. They currently have a GBX 200 ($3.30) price objective on the stock. Cantor Fitzgerald Europe’s price target would suggest a potential downside of 25.16% from the stock’s previous close.
Several other analysts have also recently commented on 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 ($4.53) price target on the stock. Separately, analysts at Liberum Capital cut their price target on shares of Mothercare from GBX 300 ($4.94) to GBX 160 ($2.64) 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 ($6.29) price target on the stock, down previously from GBX 450 ($7.41). Four equities research 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. The stock presently has an average rating of “Hold” and an average target price of GBX 307.26 ($5.06).
Shares of Mothercare (LON:MTC) traded down 0.83% on Monday, hitting GBX 267.25. 174,932 shares of the company’s stock traded hands. Mothercare has a 52 week low of GBX 260.25 and a 52 week high of GBX 494.75. The stock has a 50-day moving average of GBX 362.3 and a 200-day moving average of GBX 400.8. The company’s market cap is £236.8 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.
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.