Card Factory (CARD) PT Lowered to GBX 240 at Liberum Capital
Card Factory (LON:CARD) had its price target cut by equities researchers at Liberum Capital from GBX 260 ($3.53) to GBX 240 ($3.25) in a research note issued to investors on Thursday. The brokerage currently has a “hold” rating on the stock. Liberum Capital’s price objective would indicate a potential upside of 11.63% from the stock’s previous close.
Other analysts have also issued research reports about the company. Investec reissued a “buy” rating and issued a GBX 320 ($4.34) target price on shares of Card Factory in a research report on Thursday. Peel Hunt reissued a “buy” rating and issued a GBX 400 ($5.42) target price on shares of Card Factory in a research report on Friday, January 5th.
Shares of Card Factory (CARD) traded down GBX 10.80 ($0.15) during midday trading on Thursday, reaching GBX 215 ($2.92). The company’s stock had a trading volume of 5,217,757 shares, compared to its average volume of 643,917. The stock has a market capitalization of $741.36 and a price-to-earnings ratio of 1,194.44. Card Factory has a 52 week low of GBX 213.52 ($2.90) and a 52 week high of GBX 358.80 ($4.87).
Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The Company operates through two segments: Card Factory and Getting Personal. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. The Getting Personal segment is an online retailer of personalized cards and gifts.
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