Carpetright plc (CPR) Receives Consensus Rating of “Hold” from Brokerages
Shares of Carpetright plc (LON:CPR) have been given a consensus recommendation of “Hold” by the seven brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 241.50 ($3.07).
CPR has been the subject of a number of research reports. N+1 Singer reaffirmed a “buy” rating and issued a GBX 300 ($3.82) price objective on shares of Carpetright plc in a research note on Thursday, April 20th. Peel Hunt upped their price objective on shares of Carpetright plc from GBX 250 ($3.18) to GBX 300 ($3.82) and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Shore Capital reaffirmed a “buy” rating on shares of Carpetright plc in a research note on Tuesday, April 25th. Finally, Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 149 ($1.90) price objective on shares of Carpetright plc in a research note on Tuesday, April 25th.
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Carpetright plc (CPR) traded up 10.42% on Tuesday, reaching GBX 198.75. 15,810 shares of the company traded hands. Carpetright plc has a one year low of GBX 149.00 and a one year high of GBX 305.00. The stock’s 50 day moving average price is GBX 210.90 and its 200 day moving average price is GBX 205.52. The company’s market capitalization is GBX 134.55 million.
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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