UBS Reaffirms Neutral Rating for Card Factory (CARD)

Card Factory (LON:CARD)‘s stock had its “neutral” rating restated by UBS in a research report issued on Friday, investing.thisismoney.co.uk reports.

A number of other analysts have also recently commented on the stock. Peel Hunt cut shares of Card Factory to a “hold” rating in a research report on Friday. Liberum Capital restated a “buy” rating on shares of Card Factory in a research report on Friday, March 23rd. Berenberg Bank assumed coverage on shares of Card Factory in a research report on Thursday, March 1st. They issued a “hold” rating and a GBX 200 ($2.81) price objective for the company. Finally, Investec restated a “buy” rating and issued a GBX 320 ($4.49) price objective on shares of Card Factory in a research report on Thursday, January 11th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 264 ($3.71).

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CARD opened at GBX 194.20 ($2.73) on Friday. Card Factory has a 12 month low of GBX 184.23 ($2.59) and a 12 month high of GBX 358.80 ($5.04).

In other news, insider Roger Whiteside acquired 22,520 shares of the stock in a transaction that occurred on Monday, January 15th. The stock was acquired at an average price of GBX 220 ($3.09) per share, for a total transaction of £49,544 ($69,545.20).

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Card Factory 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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