Mothercare Receives Average Recommendation of “Hold” from Brokerages (LON:MTC)
Shares of Mothercare (LON:MTC) have earned an average recommendation of “Hold” from the ten brokerages that are covering the stock, AmericanBankingNews.com reports. 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 company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 282.86 ($4.64).
A number of research firms have recently commented on MTC. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Mothercare in a research note on Thursday, January 30th. They now have a GBX 260 ($4.27) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Mothercare in a research note on Thursday, January 30th. They now have a GBX 260 ($4.27) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Mothercare in a research note on Monday, January 27th. They now have a GBX 200 ($3.28) price target on the stock.
Shares of Mothercare (LON:MTC) opened at 261.50 on Tuesday. Mothercare has a 52-week low of GBX 251.00 and a 52-week high of GBX 494.75. The stock has a 50-day moving average of GBX 316.4 and a 200-day moving average of GBX 385.8. The company’s market cap is £231.7 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.
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