Mothercare (LON:MTC)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They currently have a GBX 60 ($0.81) price objective on the stock. Peel Hunt’s target price suggests a potential downside of 16.50% from the stock’s current price.

Several other equities research analysts have also recently issued reports on MTC. J P Morgan Chase & Co decreased their price objective on shares of Mothercare from GBX 140 ($1.88) to GBX 120 ($1.62) and set an “overweight” rating for the company in a research report on Monday, September 4th. Numis Securities reaffirmed an “under review” rating on shares of Mothercare in a research report on Thursday, November 23rd. Finally, Canaccord Genuity reaffirmed a “sell” rating and set a GBX 103 ($1.39) price objective on shares of Mothercare in a research report on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the stock. Mothercare currently has a consensus rating of “Hold” and an average price target of GBX 110.60 ($1.49).

Shares of Mothercare (LON MTC) traded down GBX 0.14 ($0.00) during mid-day trading on Tuesday, reaching GBX 71.86 ($0.97). 195,256 shares of the company’s stock traded hands, compared to its average volume of 225,898. Mothercare has a 52 week low of GBX 64.16 ($0.86) and a 52 week high of GBX 137.12 ($1.85).

In other Mothercare news, insider Glyn Hughes acquired 69,896 shares of the company’s stock in a transaction on Friday, December 1st. The shares were bought at an average cost of GBX 71 ($0.96) per share, for a total transaction of £49,626.16 ($66,791.60). Also, insider Mark Newton-Jones acquired 150,738 shares of the company’s stock in a transaction on Friday, November 24th. The stock was acquired at an average price of GBX 66 ($0.89) per share, for a total transaction of £99,487.08 ($133,899.17).

TRADEMARK VIOLATION WARNING: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/12/10/mothercare-mtc-given-hold-rating-at-peel-hunt-2.html.

About Mothercare

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.