Carpetright plc (LON:CPR)‘s stock had its “buy” rating restated by Deutsche Bank AG in a report released on Friday. They currently have a GBX 280 ($3.62) target price on the stock. Deutsche Bank AG’s price objective points to a potential upside of 44.89% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Canaccord Genuity reissued a “sell” rating and issued a GBX 149 ($1.92) target price on shares of Carpetright plc in a report on Tuesday, June 27th. N+1 Singer reissued a “buy” rating and issued a GBX 300 ($3.87) target price on shares of Carpetright plc in a report on Tuesday, June 27th. Berenberg Bank dropped their target price on Carpetright plc from GBX 230 ($2.97) to GBX 200 ($2.58) and set a “hold” rating for the company in a report on Wednesday, August 9th. Shore Capital reissued a “hold” rating on shares of Carpetright plc in a report on Tuesday, June 27th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 250 ($3.23) target price on shares of Carpetright plc in a report on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 233.17 ($3.01).

Carpetright plc (CPR) traded up 1.71% on Friday, reaching GBX 193.25. The company had a trading volume of 6,729 shares. Carpetright plc has a one year low of GBX 149.00 and a one year high of GBX 259.00. The stock’s market cap is GBX 130.51 million. The company has a 50-day moving average of GBX 192.77 and a 200 day moving average of GBX 209.62.

Carpetright plc (LON:CPR) last issued its earnings results on Tuesday, June 27th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.16. Carpetright plc had a negative return on equity of 7.90% and a negative net margin of 1.36%. On average, equities research analysts predict that Carpetright plc will post $16.05 EPS for the current year.

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About Carpetright plc

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.

Analyst Recommendations for Carpetright plc (LON:CPR)

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