Investment Analysts’ Recent Ratings Changes for Mothercare (MTC)

A number of firms have modified their ratings and price targets on shares of Mothercare (LON: MTC) recently:

  • 11/23/2017 – Mothercare had its “sell” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 103 ($1.38) price target on the stock.
  • 11/23/2017 – Mothercare had its “under review” rating reaffirmed by analysts at Numis Securities Ltd.
  • 11/23/2017 – Mothercare was downgraded by analysts at Peel Hunt to a “hold” rating. They now have a GBX 60 ($0.80) price target on the stock, down previously from GBX 150 ($2.01).
  • 11/10/2017 – Mothercare was downgraded by analysts at J P Morgan Chase & Co to a “neutral” rating. They now have a GBX 110 ($1.47) price target on the stock, down previously from GBX 120 ($1.61).

Mothercare plc (LON MTC) traded down GBX 1.25 ($0.02) on Friday, hitting GBX 69 ($0.92). The stock had a trading volume of 64,240 shares, compared to its average volume of 208,707. Mothercare plc has a 12 month low of GBX 64.16 ($0.86) and a 12 month high of GBX 137.12 ($1.84).

In other news, insider Mark Newton-Jones acquired 150,738 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were bought at an average price of GBX 66 ($0.88) per share, with a total value of £99,487.08 ($133,235.68).

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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