Shares of Mothercare plc (LON:MTC) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 87 ($1.14) and last traded at GBX 87 ($1.14), with a volume of 130296 shares. The stock had previously closed at GBX 93.75 ($1.23).

Several analysts have recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 150 ($1.97) price objective on shares of Mothercare plc in a report on Thursday, July 20th. J P Morgan Chase & Co downgraded Mothercare plc to a “neutral” rating and cut their target price for the company from GBX 120 ($1.58) to GBX 110 ($1.45) in a research report on Friday. Finally, Canaccord Genuity reissued a “sell” rating and set a GBX 103 ($1.35) target price on shares of Mothercare plc in a research report on Thursday, July 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 128.60 ($1.69).

COPYRIGHT VIOLATION NOTICE: This article was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at

About Mothercare plc

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.

Receive News & Stock Ratings for Mothercare plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mothercare plc and related stocks with our FREE daily email newsletter.