Peel Hunt Reaffirms “Buy” Rating for Card Factory (CARD)

Card Factory (LON:CARD)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Tuesday. They presently have a GBX 400 ($5.38) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 44.51% from the stock’s current price.

A number of other equities analysts have also commented on CARD. Investec reaffirmed a “buy” rating and set a GBX 405 ($5.45) price target on shares of Card Factory in a research report on Thursday, August 10th. Liberum Capital raised their price target on shares of Card Factory from GBX 345 ($4.64) to GBX 365 ($4.91) and gave the stock a “buy” rating in a research report on Thursday, August 10th.

Card Factory (LON CARD) opened at GBX 276.80 ($3.73) on Tuesday. Card Factory has a 1 year low of GBX 232 ($3.12) and a 1 year high of GBX 358.80 ($4.83).

In other Card Factory news, insider Karen Hubbard purchased 21,586 shares of the stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average cost of GBX 287 ($3.86) per share, with a total value of £61,951.82 ($83,380.65).

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Card Factory Company Profile

Card Factory plc, through its subsidiaries, operates as a specialist retailer of greeting cards. The company designs, manufactures, and sells greeting cards, dressings, and related gift items. It operates through two segments, Card Factory and Getting Personal. 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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