Card Factory (CARD) Receives Reduce Rating from Peel Hunt
Card Factory (LON:CARD)‘s stock had its “reduce” rating reissued by stock analysts at Peel Hunt in a report issued on Monday.
Other equities analysts have also recently issued research reports about the stock. Liberum Capital decreased their price objective on shares of Card Factory from GBX 210 ($2.74) to GBX 195 ($2.54) and set a “hold” rating on the stock in a research report on Thursday, August 9th. Berenberg Bank decreased their price objective on shares of Card Factory from GBX 200 ($2.61) to GBX 190 ($2.47) and set a “hold” rating on the stock in a research report on Tuesday, June 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 211.25 ($2.75).
CARD stock opened at GBX 192.90 ($2.51) on Monday. Card Factory has a 12-month low of GBX 184.23 ($2.40) and a 12-month high of GBX 358.80 ($4.67).
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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