Carpetright (CPR) Earns Hold Rating from Shore Capital

Carpetright (LON:CPR)‘s stock had its “hold” rating restated by Shore Capital in a research note issued to investors on Friday.

Several other research analysts have also commented on CPR. Peel Hunt reiterated a “buy” rating and set a GBX 250 ($3.39) price target on shares of Carpetright in a report on Tuesday, October 24th. Canaccord Genuity restated a “sell” rating and issued a GBX 149 ($2.02) price objective on shares of Carpetright in a report on Tuesday, October 24th. Goldman Sachs Group restated a “neutral” rating on shares of Carpetright in a report on Monday, November 13th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 280 ($3.80) price objective on shares of Carpetright in a report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. Carpetright presently has a consensus rating of “Hold” and a consensus target price of GBX 215.80 ($2.93).

Carpetright (LON:CPR) opened at GBX 91.60 ($1.24) on Friday. Carpetright has a 1 year low of GBX 85 ($1.15) and a 1 year high of GBX 259 ($3.51). The company has a market cap of $62.22 and a P/E ratio of -1,832.00.

In related news, insider Wilf Walsh acquired 31,250 shares of Carpetright stock in a transaction that occurred on Friday, January 5th. The shares were purchased at an average cost of GBX 160 ($2.17) per share, for a total transaction of £50,000 ($67,805.80).

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About Carpetright

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.

Analyst Recommendations for Carpetright (LON:CPR)

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