Card Factory PLC (CARD) Receives Buy Rating from Investec
Card Factory PLC (LON:CARD)‘s stock had its “buy” rating restated by stock analysts at Investec in a report issued on Thursday. They presently have a GBX 405 ($5.27) target price on the stock. Investec’s price objective points to a potential upside of 22.88% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 400 ($5.20) price target on shares of Card Factory PLC in a research report on Wednesday, May 3rd. Liberum Capital reaffirmed a “buy” rating and set a GBX 345 ($4.49) price target on shares of Card Factory PLC in a research report on Thursday.
Shares of Card Factory PLC (LON:CARD) traded up 1.61% during trading on Thursday, reaching GBX 334.90. The company’s stock had a trading volume of 369,315 shares. The stock’s 50 day moving average is GBX 315.42 and its 200 day moving average is GBX 271.31. The firm’s market cap is GBX 1.14 billion. Card Factory PLC has a one year low of GBX 232.00 and a one year high of GBX 379.70.
The business also recently disclosed a dividend, which will be paid on Friday, June 9th. Stockholders of record on Thursday, May 4th will be issued a GBX 6.30 ($0.08) dividend. The ex-dividend date is Thursday, May 4th. This represents a dividend yield of 2.35%.
WARNING: This article was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/05/25/card-factory-plc-card-receives-buy-rating-from-investec.html.
In related news, insider Karen Hubbard acquired 12,393 shares of the firm’s stock in a transaction dated Monday, April 3rd. The stock was acquired at an average price of GBX 282 ($3.67) per share, with a total value of £34,948.26 ($45,464.11).
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.
Receive News & Ratings for Card Factory PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Card Factory PLC and related companies with MarketBeat.com's FREE daily email newsletter.