Card Factory PLC’s (CARD) “Buy” Rating Reaffirmed at Peel Hunt
CARD has been the subject of a number of other research reports. Liberum Capital reduced 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 report on Thursday, August 18th. Investec reissued a buy rating and set a GBX 395 ($4.94) price objective on shares of Card Factory PLC in a report on Tuesday, September 27th.
Shares of Card Factory PLC (LON:CARD) traded down 0.32% on Monday, reaching GBX 248.20. 82,968 shares of the company were exchanged. The firm’s market capitalization is GBX 845.97 million. The stock’s 50-day moving average is GBX 269.49 and its 200 day moving average is GBX 310.65. Card Factory PLC has a 12-month low of GBX 240.50 and a 12-month high of GBX 388.70.
The company also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, October 20th will be given a GBX 17.80 ($0.22) dividend. This is an increase from Card Factory PLC’s previous dividend of $6.00. The ex-dividend date is Thursday, October 20th. This represents a yield of 5.73%.
In other news, insider Karen Hubbard bought 7,207 shares of the company’s stock in a transaction that occurred on Thursday, October 20th. The stock was bought at an average price of GBX 271 ($3.39) per share, for a total transaction of £19,530.97 ($24,401.51).
About Card Factory PLC
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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