Carpetright PLC Rating Reiterated by Cantor Fitzgerald Europe (CPR)
Carpetright PLC (LON:CPR)‘s stock had its “sell” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 420 ($6.98) price target on the stock. Cantor Fitzgerald Europe’s target price indicates a potential downside of 29.65% from the company’s current price.
Carpetright PLC (LON:CPR) opened at 597.00 on Tuesday. Carpetright PLC has a 1-year low of GBX 493.00 and a 1-year high of GBX 703.00. The stock’s 50-day moving average is GBX 550. and its 200-day moving average is GBX 600.0. The company’s market cap is £403.6 million.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Carpetright PLC in a research note on Friday, February 14th. They now have a GBX 400 ($6.65) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Carpetright PLC from GBX 565 ($9.40) to GBX 545 ($9.06) in a research note on Tuesday, January 28th. They now have a “hold” rating on the stock. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Carpetright PLC in a research note on Tuesday, January 28th. They now have a GBX 670 ($11.14) price target on the stock. Seven equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Carpetright PLC has a consensus rating of “Hold” and a consensus price target of GBX 511.16 ($8.50).
Carpetright plc is a specialist floor covering retailer, selling a range of carpets, rugs, vinyls and laminates together with associated accessories.
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.