Mothercare plc (MTC) Receives “Buy” Rating from Numis Securities Ltd

Numis Securities Ltd restated their buy rating on shares of Mothercare plc (LON:MTC) in a report published on Thursday. The brokerage currently has a GBX 150 ($1.89) price target on the stock.

Other analysts have also issued reports about the stock. Peel Hunt reissued a buy rating and set a GBX 150 ($1.89) target price on shares of Mothercare plc in a research note on Friday, January 13th. JPMorgan Chase & Co. cut their target price on shares of Mothercare plc from GBX 160 ($2.01) to GBX 149 ($1.88) and set an overweight rating for the company in a research note on Wednesday, March 1st. Finally, Berenberg Bank restated a sell rating and issued a GBX 100 ($1.26) price target on shares of Mothercare plc in a research report on Thursday, February 9th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 131 ($1.65).

Mothercare plc (LON:MTC) traded down 0.99% during trading on Thursday, reaching GBX 125.00. The company had a trading volume of 4,175,493 shares. Mothercare plc has a 1-year low of GBX 101.25 and a 1-year high of GBX 145.00. The firm has a 50-day moving average of GBX 119.48 and a 200-day moving average of GBX 114.21. The stock’s market capitalization is GBX 213.50 million.

TRADEMARK VIOLATION WARNING: This article was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this article on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The original version of this article can be viewed at https://www.chaffeybreeze.com/2017/04/21/mothercare-plcs-mtc-buy-rating-reaffirmed-at-numis-securities-ltd-updated.html.

Mothercare plc Company Profile

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 & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply