Mothercare plc (LON:MTC) was downgraded by equities researchers at Peel Hunt to a “hold” rating in a report issued on Thursday. They currently have a GBX 60 ($0.79) target price on the stock, down from their prior target price of GBX 150 ($1.97). Peel Hunt’s price target indicates a potential downside of 10.45% from the stock’s previous close.

Separately, J P Morgan Chase & Co decreased their price objective on shares of Mothercare plc from GBX 140 ($1.84) to GBX 120 ($1.58) and set an “overweight” rating for the company in a research note on Monday, September 4th. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 110.60 ($1.45).

Mothercare plc (LON:MTC) opened at GBX 67 ($0.88) on Thursday. Mothercare plc has a 12-month low of GBX 78 ($1.03) and a 12-month high of GBX 137.12 ($1.80).

In related news, insider Mark Newton-Jones purchased 150,738 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was purchased at an average price of GBX 66 ($0.87) per share, with a total value of £99,487.08 ($130,852.40).

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Mothercare plc Company Profile

Mothercare plc is a retailer for parents and young children. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. The Company’s operating segments include the UK business and the International business.

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