Mark Newton-Jones Purchases 218,866 Shares of Mothercare plc (MTC) Stock

Mothercare plc (LON:MTC) insider Mark Newton-Jones purchased 218,866 shares of the firm’s stock in a transaction on Tuesday, January 9th. The stock was acquired at an average cost of GBX 46 ($0.62) per share, with a total value of £100,678.36 ($136,531.54).

Mark Newton-Jones also recently made the following trade(s):

  • On Friday, November 24th, Mark Newton-Jones purchased 150,738 shares of Mothercare stock. The stock was acquired at an average cost of GBX 66 ($0.90) per share, with a total value of £99,487.08 ($134,916.03).

Shares of Mothercare plc (LON:MTC) opened at GBX 46.08 ($0.62) on Tuesday. The stock has a market cap of $78.73 and a price-to-earnings ratio of -1,152.00. Mothercare plc has a 1 year low of GBX 42.05 ($0.57) and a 1 year high of GBX 137.12 ($1.86).

MTC has been the subject of several recent research reports. JPMorgan Chase & Co. cut shares of Mothercare to a “neutral” rating and decreased their price target for the company from GBX 120 ($1.63) to GBX 110 ($1.49) in a research report on Friday, November 10th. Peel Hunt reissued a “hold” rating and issued a GBX 60 ($0.81) price target on shares of Mothercare in a research report on Wednesday, December 20th. Numis Securities reissued an “under review” rating on shares of Mothercare in a research report on Thursday, November 23rd. Finally, Canaccord Genuity reissued a “sell” rating and issued a GBX 103 ($1.40) price target on shares of Mothercare in a research report on Thursday, November 23rd. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. Mothercare has a consensus rating of “Hold” and an average target price of GBX 106.60 ($1.45).

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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.

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