Carpetright plc (CPR) Stock Rating Reaffirmed by Canaccord Genuity
Carpetright plc (LON:CPR)‘s stock had its “sell” rating reaffirmed by equities researchers at Canaccord Genuity in a report released on Tuesday. They presently have a GBX 149 ($1.97) price target on the stock. Canaccord Genuity’s target price indicates a potential downside of 17.11% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. Peel Hunt reissued a “buy” rating and issued a GBX 250 ($3.30) target price on shares of Carpetright plc in a research note on Tuesday. Berenberg Bank lowered their target price on shares of Carpetright plc from GBX 230 ($3.04) to GBX 200 ($2.64) and set a “hold” rating on the stock in a research note on Wednesday, August 9th. N+1 Singer reissued a “buy” rating and issued a GBX 300 ($3.96) target price on shares of Carpetright plc in a research note on Tuesday, June 27th. Shore Capital reissued a “hold” rating on shares of Carpetright plc in a research note on Tuesday. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 280 ($3.69) target price on shares of Carpetright plc in a research note on Friday, September 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 233.17 ($3.08).
Carpetright plc (LON CPR) opened at 172.2149 on Tuesday. The firm has a 50-day moving average of GBX 190.56 and a 200-day moving average of GBX 200.72. The company’s market cap is GBX 116.30 million. Carpetright plc has a one year low of GBX 149.00 and a one year high of GBX 259.00.
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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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