Card Factory (CARD) Rating Reiterated by Peel Hunt

Peel Hunt reissued their reduce rating on shares of Card Factory (LON:CARD) in a report issued on Monday.

Several other research firms have also weighed in on CARD. Liberum Capital reissued a hold rating on shares of Card Factory in a research note on Thursday, May 31st. Berenberg Bank cut their target price on Card Factory from GBX 200 ($2.61) to GBX 190 ($2.47) and set a hold rating on the stock in a research note on Tuesday, June 5th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. Card Factory currently has a consensus rating of Hold and an average price target of GBX 211.25 ($2.75).

LON:CARD opened at GBX 197.10 ($2.57) on Monday. Card Factory has a 1-year low of GBX 184.23 ($2.40) and a 1-year high of GBX 358.80 ($4.67).

The business also recently announced a dividend, which will be paid on Friday, December 14th. Shareholders of record on Thursday, November 8th will be paid a GBX 7.90 ($0.10) dividend. This is a positive change from Card Factory’s previous dividend of $6.40. The ex-dividend date of this dividend is Thursday, November 8th. This represents a yield of 4.41%.

Card Factory Company Profile

Card Factory plc, together with its subsidiaries, operates as a specialist retailer of greeting cards, primarily in the United Kingdom. The company designs, prints, produces, and sells greeting cards, dressings, and related gift items. It operates through Card Factory and Getting Personal segments. The company provides single cards for everyday occasions, such as birthdays, anniversaries, weddings, thank you, get well soon, good luck, congratulations, sympathy, and new baby cards, as well as seasonal occasions, including Christmas, Mother's Day, Father's Day, Valentine's Day, Easter, thank you teacher, graduation, and exam congratulations; online personalized physical cards; and boxes of various Christmas cards.

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Analyst Recommendations for Card Factory (LON:CARD)

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