Carpetright (LON:CPR)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a report released on Tuesday, December 5th. They presently have a GBX 250 ($3.34) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 43.27% from the stock’s previous close.
Other research analysts have also issued research reports about the stock. Deutsche Bank restated a “buy” rating and issued a GBX 280 ($3.74) price target on shares of Carpetright in a research report on Friday, September 8th. Shore Capital reiterated a “hold” rating on shares of Carpetright in a research report on Tuesday, October 24th. Berenberg Bank lowered their price objective on shares of Carpetright from GBX 230 ($3.08) to GBX 200 ($2.67) and set a “hold” rating on the stock in a research report on Wednesday, August 9th. Goldman Sachs Group restated a “neutral” rating on shares of Carpetright in a report on Monday, November 13th. Finally, Canaccord Genuity restated a “sell” rating and set a GBX 149 ($1.99) price target on shares of Carpetright in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 233.17 ($3.12).
Shares of Carpetright (LON:CPR) traded down GBX 0.50 ($0.01) during trading hours on Tuesday, reaching GBX 174.50 ($2.33). The company had a trading volume of 1,917 shares, compared to its average volume of 14,175. Carpetright has a 1 year low of GBX 150 ($2.01) and a 1 year high of GBX 259 ($3.46). The company has a market capitalization of $118.53 and a PE ratio of -3,490.00.
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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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