Carpetright plc (CPR) Given Consensus Recommendation of “Buy” by Brokerages
Carpetright plc (LON:CPR) has been assigned an average rating of “Buy” from the seven brokerages that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 249.83 ($3.23).
A number of brokerages recently issued reports on CPR. Shore Capital reiterated a “buy” rating on shares of Carpetright plc in a report on Tuesday, May 2nd. N+1 Singer reiterated a “buy” rating and issued a GBX 300 ($3.88) price target on shares of Carpetright plc in a report on Wednesday, April 26th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 149 ($1.93) price target on shares of Carpetright plc in a report on Tuesday, April 25th. Berenberg Bank reiterated a “hold” rating and issued a GBX 230 ($2.97) price target on shares of Carpetright plc in a report on Thursday, February 9th. Finally, Peel Hunt boosted their price target on Carpetright plc from GBX 250 ($3.23) to GBX 300 ($3.88) and gave the company a “buy” rating in a report on Tuesday, April 25th.
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Carpetright plc (LON:CPR) remained flat at GBX 218.25 on Monday. 3,466 shares of the company traded hands. The stock’s 50-day moving average is GBX 233.21 and its 200-day moving average is GBX 202.38. Carpetright plc has a 52-week low of GBX 149.00 and a 52-week high of GBX 323.60.
Carpetright plc Company Profile
Carpetright plc is engaged in providing floor coverings and beds. The Company operates through two segments: UK and Rest of Europe (comprising Belgium, the Netherlands and Republic of Ireland). The Company trades from approximately 440 stores and concessions in the United Kingdom, as well as over 140 stores across Holland, Belgium and the Republic of Ireland.
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