Carpetright PLC Receives “Sell” Rating from 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, AnalystRatings.Net reports. They currently have a GBX 420 ($6.98) target price on the stock. Cantor Fitzgerald Europe’s price target would suggest a potential downside of 29.65% from the company’s current price.
Carpetright PLC (LON:CPR) traded down 0.50% during mid-day trading on Tuesday, hitting GBX 597.00. 500 shares of the company’s stock traded hands. 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.
CPR has been the subject of a number of other recent research reports. 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 analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price 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.
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