Carpetright (CPR) Price Target Cut to GBX 65
Carpetright (LON:CPR) had its price target decreased by stock analysts at Deutsche Bank from GBX 95 ($1.31) to GBX 65 ($0.90) in a note issued to investors on Friday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 8.33% from the stock’s previous close.
Several other brokerages also recently commented on CPR. Shore Capital reaffirmed a “hold” rating on shares of Carpetright in a research report on Thursday. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Carpetright in a research report on Monday, November 13th. Finally, Peel Hunt reduced their price objective on shares of Carpetright from GBX 100 ($1.38) to GBX 70 ($0.97) and set a “hold” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 156.80 ($2.17).
Shares of Carpetright (CPR) opened at GBX 60 ($0.83) on Friday. The firm has a market cap of $40.96 and a P/E ratio of -1,200.00. Carpetright has a 52-week low of GBX 52 ($0.72) and a 52-week high of GBX 259 ($3.58).
Carpetright Company Profile
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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