Mothercare plc (LON:MTC) had its price objective reduced by equities research analysts at JPMorgan Chase & Co. from GBX 180 ($2.23) to GBX 150 ($1.86) in a research note issued to investors on Friday. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 36.36% from the company’s current price.

A number of other research analysts have also issued reports on the stock. Numis Securities Ltd reiterated a “buy” rating and set a GBX 165 ($2.05) price target on shares of Mothercare plc in a research note on Thursday, November 24th. Peel Hunt dropped their price target on shares of Mothercare plc from GBX 275 ($3.41) to GBX 150 ($1.86) and set a “buy” rating on the stock in a research note on Thursday, November 24th. Finally, Berenberg Bank dropped their price target on shares of Mothercare plc from GBX 130 ($1.61) to GBX 100 ($1.24) and set a “sell” rating on the stock in a research note on Tuesday, August 9th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 173.80 ($2.16).

Analyst Recommendations for Mothercare plc (LON:MTC)

Shares of Mothercare plc (LON:MTC) opened at 112.00 on Friday. The firm’s market cap is GBX 191.30 million. The stock’s 50 day moving average is GBX 111.49 and its 200-day moving average is GBX 125.57. Mothercare plc has a one year low of GBX 101.25 and a one year high of GBX 253.62.

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In related news, insider Mark Newton-Jones acquired 173,183 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The shares were purchased at an average price of GBX 115 ($1.43) per share, with a total value of £199,160.45 ($247,066.68).

Mothercare plc Company Profile

Mothercare plc is a retailer for parents and young children. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. The Company’s operating segments include the UK business and the International business.

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