Carpetright plc (LON:CPR)‘s stock had its “neutral” rating reissued by equities researchers at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Monday.
A number of other analysts have also recently issued reports on CPR. Berenberg Bank decreased their target price on Carpetright plc from GBX 230 ($3.03) to GBX 200 ($2.63) and set a “hold” rating for the company in a research report on Wednesday, August 9th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 280 ($3.68) price objective on shares of Carpetright plc in a research note on Friday, September 8th. Peel Hunt reaffirmed a “buy” rating and set a GBX 250 ($3.29) price objective on shares of Carpetright plc in a research note on Tuesday, October 24th. Shore Capital reaffirmed a “hold” rating on shares of Carpetright plc in a research note on Tuesday, October 24th. Finally, Canaccord Genuity reaffirmed a “sell” rating and set a GBX 149 ($1.96) price objective on shares of Carpetright plc in a research note on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 233.17 ($3.07).
Shares of Carpetright plc (CPR) traded down GBX 1.75 ($0.02) during midday trading on Monday, hitting GBX 169.25 ($2.23). The company had a trading volume of 19,374 shares, compared to its average volume of 38,931. Carpetright plc has a 1 year low of GBX 149 ($1.96) and a 1 year high of GBX 259 ($3.41).
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About Carpetright plc
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.
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