Mothercare plc’s “Reduce” Rating Reaffirmed at Oriel Securities Ltd (MTC)
Mothercare plc (LON:MTC)‘s stock had its “reduce” rating restated by investment analysts at Oriel Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 150 ($2.55) target price on the stock. Oriel Securities Ltd’s price target suggests a potential downside of 25.00% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. upgraded shares of Mothercare plc to an “overweight” rating in a research note on Thursday, May 22nd. They now have a GBX 270 ($4.58) price target on the stock, down previously from GBX 285 ($4.84). Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Mothercare plc in a research note on Thursday, May 22nd. They now have a GBX 150 ($2.55) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Mothercare plc in a research note on Tuesday, May 6th. They now have a GBX 114 ($1.94) price target on the stock. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Mothercare plc has an average rating of “Hold” and a consensus target price of GBX 220.44 ($3.74).
Shares of Mothercare plc (LON:MTC) opened at 202.50 on Tuesday. Mothercare plc has a one year low of GBX 135.912 and a one year high of GBX 494.75. The stock has a 50-day moving average of GBX 175.6 and a 200-day moving average of GBX 254.2. The company’s market cap is £179.7 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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