Shares of Carpetright plc (LON:CPR) have been given a consensus recommendation of “Buy” by the five ratings firms that are presently covering the stock. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 470 ($5.82).
CPR has been the topic of several research reports. Peel Hunt lowered their price objective on shares of Carpetright plc from GBX 575 ($7.12) to GBX 400 ($4.95) and set a “buy” rating on the stock in a research report on Tuesday, June 28th. Shore Capital reaffirmed a “buy” rating on shares of Carpetright plc in a research report on Tuesday, June 28th. Finally, Berenberg Bank lowered their price objective on shares of Carpetright plc from GBX 450 ($5.57) to GBX 230 ($2.85) and set a “hold” rating on the stock in a research report on Tuesday, August 9th.
Shares of Carpetright plc (LON:CPR) traded down 1.68% during mid-day trading on Friday, hitting GBX 220.00. 29,247 shares of the stock were exchanged. Carpetright plc has a 52 week low of GBX 201.00 and a 52 week high of GBX 540.00. The stock’s 50-day moving average is GBX 235.59 and its 200-day moving average is GBX 270.11. The stock’s market capitalization is GBX 148.92 million.
About Carpetright plc
Carpetright plc is a United Kingdom-based retailer of floor coverings and beds. The Company operates through segments, including UK and Rest of Europe (comprising Belgium, the Netherlands and Republic of Ireland). The Company offers a free home estimating service. Its sample service also enables customers to look at the different options.
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