Card Factory PLC (CARD) Stock Rating Reaffirmed by Peel Hunt

Card Factory PLC (LON:CARD)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Friday, May 12th. They currently have a GBX 400 ($5.06) target price on the stock. Peel Hunt’s target price would suggest a potential upside of 30.85% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Liberum Capital raised Card Factory PLC to a “buy” rating and lifted their target price for the company from GBX 275 ($3.48) to GBX 345 ($4.36) in a research report on Wednesday, April 19th. Investec reaffirmed a “buy” rating and issued a GBX 395 ($5.00) target price on shares of Card Factory PLC in a research report on Wednesday, March 22nd.

Shares of Card Factory PLC (LON CARD) opened at 305.70 on Friday. The company has a 50-day moving average of GBX 324.40 and a 200-day moving average of GBX 279.72. The stock’s market capitalization is GBX 1.04 billion. Card Factory PLC has a 1-year low of GBX 232.00 and a 1-year high of GBX 369.80.

The business also recently disclosed a dividend, which was paid on Friday, June 9th. Stockholders of record on Thursday, May 4th were given a dividend of GBX 6.30 ($0.08) per share. This represents a dividend yield of 2.35%. The ex-dividend date of this dividend was Thursday, May 4th.

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In other news, 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 ($4.16), for a total transaction of £13,160,000 ($16,647,691.33). Also, insider Geoff Cooper sold 121,170 shares of the business’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of GBX 337 ($4.26), for a total value of £408,342.90 ($516,562.81).

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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