Peel Hunt Reiterates Buy Rating for Card Factory PLC (CARD)
Card Factory PLC (LON:CARD)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research note issued on Thursday. They currently have a GBX 500 ($6.53) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 60.15% from the stock’s current price.
Other analysts have also issued research reports about the stock. Liberum Capital reduced their price target on shares of Card Factory PLC from GBX 340 ($4.44) to GBX 310 ($4.05) and set a “hold” rating on the stock in a research report on Thursday, August 18th. Investec reiterated a “buy” rating and set a GBX 395 ($5.16) price target on shares of Card Factory PLC in a research report on Thursday, August 11th.
Shares of Card Factory PLC (LON:CARD) opened at 312.70 on Thursday. Card Factory PLC has a 12-month low of GBX 267.64 and a 12-month high of GBX 401.50. The firm’s market cap is GBX 1.07 billion. The firm’s 50-day moving average is GBX 301.34 and its 200-day moving average is GBX 332.90.
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In related news, insider Hubbard,Karen acquired 32,197 shares of the company’s stock in a transaction that occurred on Monday, June 27th. The stock was acquired at an average price of GBX 311 ($4.06) per share, with a total value of £100,132.67 ($130,704.44).
Card Factory PLC Company Profile
Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The Company operates through two segments: Card Factory and Getting Personal. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. The Getting Personal segment is an online retailer of personalized cards and gifts.
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