Carpetright (CPR) Earns Hold Rating from Shore Capital

Carpetright (LON:CPR)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital in a note issued to investors on Friday.

Several other research analysts also recently commented on CPR. Peel Hunt restated a “buy” rating and issued a GBX 250 ($3.39) target price on shares of Carpetright in a research note on Tuesday, October 24th. Deutsche Bank restated a “buy” rating and issued a GBX 280 ($3.80) target price on shares of Carpetright in a research note on Friday, December 8th. Canaccord Genuity restated a “sell” rating and issued a GBX 149 ($2.02) target price on shares of Carpetright in a research note on Tuesday, October 24th. Finally, Goldman Sachs Group restated a “neutral” rating on shares of Carpetright in a research note on Monday, November 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. Carpetright presently has a consensus rating of “Hold” and an average price target of GBX 215.80 ($2.93).

Carpetright (LON CPR) traded down GBX 64.90 ($0.88) during mid-day trading on Friday, hitting GBX 99.60 ($1.35). The stock has a market capitalization of $67.66 and a PE ratio of -1,992.00. Carpetright has a fifty-two week low of GBX 85 ($1.15) and a fifty-two week high of GBX 259 ($3.51).

In other Carpetright news, insider Wilf Walsh purchased 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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