Card Factory PLC (LON:CARD) had its price target increased by stock analysts at Liberum Capital from GBX 345 ($4.49) to GBX 365 ($4.75) in a research note issued on Thursday. The firm presently has a “buy” rating on the stock. Liberum Capital’s price objective points to a potential upside of 12.58% from the stock’s previous close.
Several other analysts have also issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 400 ($5.21) target price on shares of Card Factory PLC in a report on Tuesday, August 1st. Investec reissued a “buy” rating and set a GBX 405 ($5.27) target price on shares of Card Factory PLC in a report on Thursday, May 25th. Finally, UBS AG lowered Card Factory PLC to a “neutral” rating and increased their target price for the stock from GBX 295 ($3.84) to GBX 320 ($4.17) in a report on Tuesday, May 9th.
Shares of Card Factory PLC (CARD) opened at 330.60 on Thursday. Card Factory PLC has a 52-week low of GBX 232.00 and a 52-week high of GBX 343.00. The stock’s market capitalization is GBX 1.13 billion. The stock has a 50 day moving average of GBX 301.71 and a 200-day moving average of GBX 293.73.
In other news, insider Darren Bryant sold 4,000,000 shares of the stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of GBX 329 ($4.28), for a total transaction of £13,160,000 ($17,137,648.13). Also, insider Karen Hubbard bought 13,456 shares of Card Factory PLC stock in a transaction dated Monday, June 26th. The shares were bought at an average cost of GBX 296 ($3.85) per share, for a total transaction of £39,829.76 ($51,868.42).
Card Factory PLC Company Profile
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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