Mark Newton-Jones Purchases 95,000 Shares of Mothercare plc (LON:MTC) Stock
Mothercare plc (LON:MTC) insider Mark Newton-Jones purchased 95,000 shares of the stock in a transaction on Friday, July 21st. The shares were bought at an average cost of GBX 105 ($1.37) per share, for a total transaction of £99,750 ($130,255.94).
Mothercare plc (LON:MTC) traded up 5.69% on Friday, hitting GBX 106.75. The company had a trading volume of 203,421 shares. The stock has a 50 day moving average of GBX 115.79 and a 200-day moving average of GBX 117.98. The stock’s market capitalization is GBX 181.25 million. Mothercare plc has a one year low of GBX 95.00 and a one year high of GBX 142.00.
MTC has been the topic of several recent analyst reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 149 ($1.95) price target on shares of Mothercare plc in a research report on Friday, April 7th. Canaccord Genuity reaffirmed a “sell” rating and set a GBX 106 ($1.38) price target on shares of Mothercare plc in a research report on Thursday, May 18th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 150 ($1.96) price target on shares of Mothercare plc in a research report on Thursday, April 6th. Berenberg Bank raised Mothercare plc to a “hold” rating and boosted their price target for the stock from GBX 100 ($1.31) to GBX 130 ($1.70) in a research report on Thursday, June 8th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 150 ($1.96) price target on shares of Mothercare plc in a research report on Thursday. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 134.60 ($1.76).
Mothercare plc Company Profile
Mothercare plc is a retailer for parents and young children. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. The Company’s operating segments include the UK business and the International business.
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