Carpetright plc’s (CPR) Buy Rating Reaffirmed at Deutsche Bank AG
A number of other equities analysts also recently weighed in on the stock. Peel Hunt lowered their target price on shares of Carpetright plc from GBX 400 ($5.00) to GBX 250 ($3.12) and set a buy rating on the stock in a report on Tuesday, October 25th. Berenberg Bank lowered their target price on shares of Carpetright plc from GBX 450 ($5.62) to GBX 230 ($2.87) and set a hold rating on the stock in a report on Tuesday, August 9th.
Shares of Carpetright plc (LON:CPR) opened at 188.18 on Friday. The firm has a 50-day moving average of GBX 202.71 and a 200-day moving average of GBX 240.78. Carpetright plc has a one year low of GBX 184.43 and a one year high of GBX 505.00. The company’s market capitalization is GBX 127.38 million.
In other Carpetright plc news, insider Wilf Walsh purchased 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 26th. The shares were acquired at an average cost of GBX 200 ($2.50) per share, for a total transaction of £25,000 ($31,234.38). Also, insider Neil Page purchased 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 25th. The stock was acquired at an average price of GBX 193 ($2.41) per share, for a total transaction of £4,825 ($6,028.24).
Carpetright plc Company Profile
Carpetright plc is engaged in providing floor coverings and beds. The Company operates through two segments: UK and Rest of Europe (comprising Belgium, the Netherlands and Republic of Ireland). The Company trades from approximately 440 stores and concessions in the United Kingdom, as well as over 140 stores across Holland, Belgium and the Republic of Ireland.
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