Card Factory PLC (LON:CARD)’s stock price reached a new 52-week low during trading on Tuesday after Liberum Capital lowered their price target on the stock from GBX 190 to GBX 170. Liberum Capital currently has a hold rating on the stock. Card Factory traded as low as GBX 150 ($1.96) and last traded at GBX 154.87 ($2.02), with a volume of 221942 shares traded. The stock had previously closed at GBX 161.90 ($2.12).
CARD has been the subject of a number of other research reports. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 160 ($2.09) target price on shares of Card Factory in a research report on Tuesday. UBS Group raised shares of Card Factory to a “buy” rating and cut their target price for the stock from GBX 230 ($3.01) to GBX 220 ($2.87) in a research report on Friday, August 9th. Finally, Berenberg Bank reaffirmed a “sell” rating on shares of Card Factory in a research report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. Card Factory currently has a consensus rating of “Hold” and a consensus price target of GBX 171 ($2.23).
In other Card Factory news, insider Kristian Lee purchased 3,195 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The shares were acquired at an average price of GBX 178 ($2.33) per share, for a total transaction of £5,687.10 ($7,431.20).
About Card Factory (LON:CARD)
Card Factory plc operates as a specialist retailer of greeting cards primarily in the United Kingdom. The company designs, sources, prints, warehouses, produces, distributes, and sells greeting cards, dressings, and related gift items. It operates through two segments, Card Factory and Getting Personal.
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