Shares of Carpetright plc (LON:CPR) have earned a consensus rating of “Hold” from the eight brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 216.50 ($2.94).

CPR has been the topic of a number of research reports. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 149 ($2.02) price objective on shares of Carpetright in a research note on Tuesday, October 24th. Deutsche Bank downgraded Carpetright to a “hold” rating and reduced their price objective for the stock from GBX 250 ($3.39) to GBX 200 ($2.71) in a research note on Tuesday, January 2nd. Shore Capital reaffirmed a “hold” rating on shares of Carpetright in a research note on Tuesday, December 12th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 250 ($3.39) price objective on shares of Carpetright in a research note on Tuesday, December 5th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating on shares of Carpetright in a research note on Monday, November 13th.

Carpetright (LON:CPR) traded up GBX 2 ($0.03) during trading hours on Monday, reaching GBX 168.50 ($2.29). The company’s stock had a trading volume of 2,958 shares, compared to its average volume of 26,959. Carpetright has a 1-year low of GBX 157.74 ($2.14) and a 1-year high of GBX 259 ($3.51). The company has a market cap of $113.10 and a P/E ratio of -3,370.00.

In related news, insider Wilf Walsh bought 31,250 shares of the company’s stock in a transaction dated Friday, January 5th. The stock was purchased at an average price of GBX 160 ($2.17) per share, for a total transaction of £50,000 ($67,805.80).

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Carpetright Company Profile

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.

Analyst Recommendations for Carpetright (LON:CPR)

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