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.
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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.
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