Shares of Carpetright plc (LON:CPR) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 156.80 ($2.09).
A number of research analysts recently commented on CPR shares. Shore Capital reissued a “hold” rating on shares of Carpetright in a research note on Thursday, March 1st. Deutsche Bank reduced their target price on Carpetright from GBX 95 ($1.26) to GBX 65 ($0.87) and set a “hold” rating on the stock in a research note on Friday, March 2nd. Finally, Peel Hunt reduced their target price on Carpetright from GBX 100 ($1.33) to GBX 70 ($0.93) and set a “hold” rating on the stock in a research note on Thursday, March 1st.
Carpetright traded down GBX 0.70 ($0.01), reaching GBX 31.70 ($0.42), during trading on Thursday, according to MarketBeat Ratings. The stock had a trading volume of 371,516 shares, compared to its average volume of 127,670. Carpetright has a one year low of GBX 52 ($0.69) and a one year high of GBX 253.75 ($3.38).
Carpetright Company Profile
Carpetright plc engages in the retail sale of floor coverings and beds. The company also sells its products through online. It operates 564 stores in the United Kingdom, Belgium, the Netherlands, and the Republic of Ireland. Carpetright plc was founded in 1988 and is headquartered in Purfleet, the United Kingdom.
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