Shares of Carpetright plc (LON:CPR) have been given an average recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 215.80 ($2.93).

A number of equities analysts recently weighed in on the stock. Peel Hunt restated a “buy” rating and set a GBX 250 ($3.39) price target on shares of Carpetright in a research report on Tuesday, December 5th. Canaccord Genuity restated a “sell” rating and set a GBX 149 ($2.02) price target on shares of Carpetright in a research report on Tuesday, October 24th. Deutsche Bank restated a “buy” rating and set a GBX 280 ($3.80) price target on shares of Carpetright in a research report on Friday, December 8th. Goldman Sachs Group restated a “neutral” rating on shares of Carpetright in a research report on Monday, November 13th. Finally, Shore Capital restated a “hold” rating on shares of Carpetright in a research report on Tuesday, December 12th.

Carpetright (LON CPR) traded down GBX 3 ($0.04) on Monday, reaching GBX 164.50 ($2.23). 22,715 shares of the company were exchanged, compared to its average volume of 27,142. The firm has a market capitalization of $114.46 and a price-to-earnings ratio of -3,290.00. Carpetright has a 52-week low of GBX 157.74 ($2.14) and a 52-week high of GBX 259 ($3.51).

In other news, insider Wilf Walsh bought 31,250 shares of the firm’s stock in a transaction on Friday, January 5th. The shares were bought at an average cost of GBX 160 ($2.17) per share, for a total transaction of £50,000 ($67,805.80).

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About Carpetright

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.

Analyst Recommendations for Carpetright (LON:CPR)

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