Carpetright (LON:CPR)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 250 ($3.36) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 41.24% from the company’s previous close.
Several other research analysts have also issued reports on the company. Deutsche Bank reaffirmed a “buy” rating and set a GBX 280 ($3.77) target price on shares of Carpetright in a research report on Friday, September 8th. Shore Capital reiterated a “hold” rating on shares of Carpetright in a research note on Tuesday, October 24th. Canaccord Genuity reiterated a “sell” rating and set a GBX 149 ($2.01) price target on shares of Carpetright in a research note on Tuesday, October 24th. Goldman Sachs Group reiterated a “neutral” rating on shares of Carpetright in a research note on Monday, November 13th. Finally, Berenberg Bank dropped their price target on Carpetright from GBX 230 ($3.10) to GBX 200 ($2.69) and set a “hold” rating on the stock in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Carpetright currently has a consensus rating of “Hold” and an average target price of GBX 233.17 ($3.14).
Carpetright (LON:CPR) opened at GBX 177 ($2.38) on Tuesday. Carpetright has a 1 year low of GBX 149 ($2.01) and a 1 year high of GBX 259 ($3.49).
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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.
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