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Carpetright PLC (LON:CPR) has been given an average rating of “Hold” by the twelve ratings firms that are presently covering the stock, Stock Ratings Network reports. Seven investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 520.27 ($8.55).

Shares of Carpetright PLC (LON:CPR) opened at 542.00 on Thursday. Carpetright PLC has a one year low of GBX 493.00 and a one year high of GBX 703.00. The stock has a 50-day moving average of GBX 527.1 and a 200-day moving average of GBX 607.4. The company’s market cap is £366.4 million.

A number of analysts have recently weighed in on CPR shares. Analysts at Deutsche Bank cut their price target on shares of Carpetright PLC from GBX 565 ($9.29) to GBX 545 ($8.96) in a research note to investors on Tuesday, January 28th. They now have a “hold” rating on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Carpetright PLC in a research note to investors on Tuesday, January 28th. They now have a GBX 670 ($11.01) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Carpetright PLC in a research note to investors on Tuesday, January 28th. They now have a GBX 670 ($11.01) price target on the stock.

Carpetright plc is a specialist floor covering retailer, selling a range of carpets, rugs, vinyls and laminates together with associated accessories.

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