Carpetright plc Given Consensus Rating of “Hold” by Brokerages (LON:CPR)
Carpetright plc (LON:CPR) has been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, ARN reports. Four investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 536.63 ($9.13).
CPR has been the subject of a number of recent research reports. Analysts at Deutsche Bank upgraded shares of Carpetright plc to a “hold” rating in a research note on Wednesday. They now have a GBX 510 ($8.68) price target on the stock, down previously from GBX 545 ($9.28). Finally, analysts at Nplus1 Brewin downgraded shares of Carpetright plc to a “hold” rating in a research note on Friday, April 4th. They now have a GBX 640 ($10.89) price target on the stock.
Shares of Carpetright plc (LON:CPR) opened at 510.00 on Friday. Carpetright plc has a one year low of GBX 490.50 and a one year high of GBX 703.00. The stock has a 50-day moving average of GBX 531.1 and a 200-day moving average of GBX 558.3. The company’s market cap is £348.1 million.
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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