Card Factory PLC (CARD) Rating Reiterated by Peel Hunt

Card Factory PLC (LON:CARD)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 400 ($5.21) price objective on the stock. Peel Hunt’s target price indicates a potential upside of 23.38% from the stock’s previous close.

Several other brokerages also recently weighed in on CARD. Liberum Capital reaffirmed a “buy” rating and issued a GBX 345 ($4.49) target price on shares of Card Factory PLC in a report on Thursday, May 25th. Investec reaffirmed a “buy” rating and issued a GBX 405 ($5.27) target price on shares of Card Factory PLC in a report on Thursday, May 25th. Finally, UBS AG downgraded shares of Card Factory PLC to a “neutral” rating and lifted their target price for the company from GBX 295 ($3.84) to GBX 320 ($4.17) in a report on Tuesday, May 9th.

Shares of Card Factory PLC (LON:CARD) opened at 330.60 on Thursday. The company has a 50 day moving average price of GBX 301.71 and a 200-day moving average price of GBX 293.73. The stock’s market cap is GBX 1.13 billion. Card Factory PLC has a one year low of GBX 232.00 and a one year high of GBX 343.00.

COPYRIGHT VIOLATION WARNING: This news story was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/2796148/card-factory-plc-card-rating-reiterated-by-peel-hunt.html.

In related news, insider Geoff Cooper sold 121,170 shares of the business’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of GBX 337 ($4.39), for a total transaction of £408,342.90 ($531,765.72). Also, insider Darren Bryant sold 4,000,000 shares of the business’s stock in a transaction dated 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).

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.

Receive News & Ratings for Card Factory PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Card Factory PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.