Carpetright plc (CPR) Receives Average Recommendation of “Buy” from Brokerages
Carpetright plc (LON:CPR) has earned an average rating of “Buy” from the five brokerages that are covering the company. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 470 ($5.82).
A number of brokerages have recently issued reports on CPR. Berenberg Bank dropped their target price on shares of Carpetright plc from GBX 450 ($5.57) to GBX 230 ($2.85) and set a “hold” rating on the stock in a report on Tuesday, August 9th. Shore Capital reiterated a “buy” rating on shares of Carpetright plc in a research note on Tuesday, June 28th. Finally, Peel Hunt decreased their price target on shares of Carpetright plc from GBX 575 ($7.12) to GBX 400 ($4.95) and set a “buy” rating on the stock in a research note on Tuesday, June 28th.
Shares of Carpetright plc (LON:CPR) traded down 1.68% on Friday, reaching GBX 220.00. 29,247 shares of the company’s stock were exchanged. Carpetright plc has a 12 month low of GBX 201.00 and a 12 month high of GBX 540.00. The company’s market cap is GBX 148.92 million. The firm’s 50-day moving average price is GBX 235.59 and its 200 day moving average price is GBX 270.11.
Carpetright plc Company Profile
Carpetright plc is a United Kingdom-based retailer of floor coverings and beds. The Company operates through segments, including UK and Rest of Europe (comprising Belgium, the Netherlands and Republic of Ireland). The Company offers a free home estimating service. Its sample service also enables customers to look at the different options.
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