Peel Hunt Reaffirms Buy Rating for Card Factory PLC (CARD)
Card Factory PLC (LON:CARD)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a note issued to investors on Friday. They presently have a GBX 430 ($5.55) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 26.47% from the stock’s current price.
Several other brokerages have also commented on CARD. Liberum Capital reiterated a “buy” rating and issued a GBX 345 ($4.46) price target on shares of Card Factory PLC in a research note on Thursday, May 25th. Investec reiterated a “buy” rating and issued a GBX 405 ($5.23) price target on shares of Card Factory PLC in a research note on Thursday, May 25th.
Shares of Card Factory PLC (LON:CARD) traded down 0.53% during mid-day trading on Friday, reaching GBX 340.00. 549,965 shares of the company’s stock traded hands. Card Factory PLC has a one year low of GBX 232.00 and a one year high of GBX 347.72. The firm’s market cap is GBX 1.16 billion. The firm’s 50-day moving average is GBX 328.24 and its 200 day moving average is GBX 308.89.
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In other news, insider Karen Hubbard acquired 13,456 shares of the firm’s stock in a transaction dated Monday, June 26th. The stock was acquired at an average cost of GBX 296 ($3.82) per share, with a total value of £39,829.76 ($51,439.70).
About Card Factory PLC
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.
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