Mothercare plc (LON:MTC) insider Glyn Hughes acquired 69,896 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of GBX 71 ($0.95) per share, for a total transaction of £49,626.16 ($66,460.64).
Shares of Mothercare plc (LON MTC) opened at GBX 69 ($0.92) on Monday. Mothercare plc has a 12-month low of GBX 64.16 ($0.86) and a 12-month high of GBX 137.12 ($1.84).
A number of equities research analysts have issued reports on MTC shares. J P Morgan Chase & Co cut Mothercare to a “neutral” rating and decreased their target price for the stock from GBX 120 ($1.61) to GBX 110 ($1.47) in a research report on Friday, November 10th. Peel Hunt cut Mothercare to a “hold” rating and decreased their target price for the stock from GBX 150 ($2.01) to GBX 60 ($0.80) in a research report on Thursday, November 23rd. Canaccord Genuity reaffirmed a “sell” rating and set a GBX 103 ($1.38) target price on shares of Mothercare in a research report on Thursday, November 23rd. Finally, Numis Securities reaffirmed an “under review” rating on shares of Mothercare in a research report on Thursday, November 23rd. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. Mothercare presently has an average rating of “Hold” and an average target price of GBX 110.60 ($1.48).
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.
Receive News & Ratings for Mothercare plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mothercare plc and related companies with MarketBeat.com's FREE daily email newsletter.