Card Factory PLC (CARD) PT Lowered to GBX 400 at Peel Hunt
Card Factory PLC (LON:CARD) had its price target decreased by investment analysts at Peel Hunt from GBX 500 ($6.25) to GBX 400 ($5.00) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Peel Hunt’s price target would indicate a potential upside of 56.31% from the stock’s previous close.
Other equities research analysts also recently issued reports about the company. Investec restated a “buy” rating and issued a GBX 395 ($4.94) target price on shares of Card Factory PLC in a research report on Thursday, August 11th. Liberum Capital cut their target price on Card Factory PLC from GBX 340 ($4.25) to GBX 310 ($3.87) and set a “hold” rating for the company in a research report on Thursday, August 18th.
Shares of Card Factory PLC (LON:CARD) opened at 258.70 on Tuesday. The firm’s market cap is GBX 881.76 million. Card Factory PLC has a 12-month low of GBX 245.90 and a 12-month high of GBX 388.70. The stock’s 50 day moving average price is GBX 277.44 and its 200 day moving average price is GBX 314.73.
The business also recently declared a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, October 20th will be issued a GBX 17.80 ($0.22) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 5.73%. This is a boost from Card Factory PLC’s previous dividend of $6.00.
In related news, insider Karen Hubbard purchased 7,207 shares of the company’s stock in a transaction on Thursday, October 20th. The shares were bought at an average price of GBX 271 ($3.39) per share, with a total value of £19,530.97 ($24,401.51).
Card Factory PLC Company Profile
Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The Company operates through two segments: Card Factory and Getting Personal. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. The Getting Personal segment is an online retailer of personalized cards and gifts.
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