Carpetright plc Given Average Rating of “Hold” by Brokerages (LON:CPR)
Shares of Carpetright plc (LON:CPR) have earned an average rating of “Hold” from the eight brokerages that are presently covering the stock, Stock Ratings Network reports. Four investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 536.63 ($9.00).
Carpetright plc (LON:CPR) opened at 505.50 on Monday. Carpetright plc has a one year low of GBX 490.50 and a one year high of GBX 703.00. The stock’s 50-day moving average is GBX 516.7 and its 200-day moving average is GBX 556.5. The company’s market cap is £342.1 million.
CPR has been the subject of a number of recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Carpetright plc in a research note on Tuesday, July 29th. They now have a GBX 400 ($6.71) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Carpetright plc in a research note on Tuesday, July 29th. They now have a GBX 510 ($8.56) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Carpetright plc in a research note on Thursday, July 24th. They now have a GBX 420 ($7.05) price target on the stock.
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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