Carpetright plc (CPR) Receives Average Rating of “Hold” from Brokerages
Carpetright plc (LON:CPR) has earned an average recommendation of “Hold” from the seven ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 233.17 ($3.08).
CPR has been the topic of a number of research reports. Deutsche Bank AG reissued a “buy” rating and set a GBX 280 ($3.69) target price on shares of Carpetright plc in a report on Friday, September 8th. Shore Capital reissued a “hold” rating on shares of Carpetright plc in a report on Tuesday, October 24th. Berenberg Bank reduced their target price on shares of Carpetright plc from GBX 230 ($3.04) to GBX 200 ($2.64) and set a “hold” rating on the stock in a report on Wednesday, August 9th. Peel Hunt reissued a “buy” rating and set a GBX 250 ($3.30) target price on shares of Carpetright plc in a report on Tuesday, October 24th. Finally, Canaccord Genuity reissued a “sell” rating and set a GBX 149 ($1.97) target price on shares of Carpetright plc in a report on Tuesday, October 24th.
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.
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