Carpetright plc (CPR) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Carpetright plc (LON:CPR) have earned an average rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 241.50 ($3.15).
A number of analysts have commented on the stock. N+1 Singer restated a “buy” rating and set a GBX 300 ($3.91) price target on shares of Carpetright plc in a research note on Thursday, April 20th. Shore Capital restated a “buy” rating on shares of Carpetright plc in a research note on Tuesday, April 25th. Peel Hunt boosted their price target on shares of Carpetright plc from GBX 250 ($3.26) to GBX 300 ($3.91) and gave the company a “buy” rating in a research note on Tuesday, April 25th. Finally, Canaccord Genuity restated a “sell” rating and set a GBX 149 ($1.94) price target on shares of Carpetright plc in a research note on Tuesday, April 25th.
WARNING: This piece was posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/24/carpetright-plc-cpr-given-consensus-recommendation-of-hold-by-brokerages.html.
Shares of Carpetright plc (LON CPR) traded up 2.95% during mid-day trading on Monday, reaching GBX 192.00. 2,953 shares of the company’s stock were exchanged. The company’s market cap is GBX 129.60 million. The company’s 50-day moving average price is GBX 193.07 and its 200 day moving average price is GBX 207.38. Carpetright plc has a 52-week low of GBX 149.00 and a 52-week high of GBX 262.50.
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.
Receive News & Ratings for Carpetright plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carpetright plc and related companies with MarketBeat.com's FREE daily email newsletter.