Mothercare plc (LON:MTC) Receives Consensus Recommendation of “Buy” from Analysts

Mothercare plc (LON:MTC) has been given a consensus rating of “Buy” by the five analysts that are covering the company. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 204.80 ($2.67).

MTC has been the topic of several research analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 180 ($2.35) price objective on shares of Mothercare plc in a research note on Friday, July 15th. Berenberg Bank reduced their price objective on Mothercare plc from GBX 130 ($1.70) to GBX 100 ($1.31) and set a “sell” rating on the stock in a research note on Tuesday, August 9th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 165 ($2.15) price objective on shares of Mothercare plc in a research note on Thursday, July 14th.

Shares of Mothercare plc (LON:MTC) traded down 1.65% during trading on Wednesday, hitting GBX 119.50. The company had a trading volume of 39,041 shares. The stock has a 50-day moving average of GBX 127.45 and a 200 day moving average of GBX 139.06. Mothercare plc has a 12-month low of GBX 101.25 and a 12-month high of GBX 254.36. The stock’s market capitalization is GBX 204.11 million.

About Mothercare plc

Mothercare plc is a United Kingdom-based retailer for parents and young children. The principal activity of the Company is to operate as a specialist multi-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre (ELC) brands.

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