Brokerages Set Mothercare plc (LON:MTC) PT at $204.80
Mothercare plc (LON:MTC) has been assigned a consensus recommendation of “Buy” from the five ratings firms that are presently covering the company. One analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 204.80 ($2.67).
Several research firms have recently commented on MTC. Numis Securities Ltd restated a “buy” rating and set a GBX 165 ($2.15) price target on shares of Mothercare plc in a research note on Thursday, July 14th. JPMorgan Chase & Co. cut their price objective on Mothercare plc from GBX 201 ($2.62) to GBX 180 ($2.35) and set an “overweight” rating for the company in a research report on Friday, July 1st. Finally, Berenberg Bank cut their price objective on Mothercare plc from GBX 130 ($1.70) to GBX 100 ($1.31) and set a “sell” rating for the company in a research report on Tuesday, August 9th.
Mothercare plc (LON:MTC) opened at 118.50 on Wednesday. Mothercare plc has a 12 month low of GBX 101.25 and a 12 month high of GBX 254.36. The firm’s market cap is GBX 202.41 million. The stock’s 50 day moving average is GBX 126.40 and its 200 day moving average is GBX 138.24.
About Mothercare plc
Mothercare plc is a United Kingdom-based retailer for parents and young children. The principal activity of the Company is to operate as a specialist multi-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre (ELC) brands.
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