Card Factory (CARD) Reaches New 12-Month Low After Analyst Downgrade

Card Factory PLC (LON:CARD) shares reached a new 52-week low during mid-day trading on Thursday after Peel Hunt downgraded the stock to a hold rating. Peel Hunt now has a GBX 240 price target on the stock, down from their previous price target of GBX 400. Card Factory traded as low as GBX 220 ($2.98) and last traded at GBX 225.80 ($3.06), with a volume of 5548991 shares. The stock had previously closed at GBX 225.80 ($3.06).

Other analysts have also issued research reports about the stock. Investec reaffirmed a “buy” rating and set a GBX 320 ($4.34) price objective on shares of Card Factory in a report on Thursday. Liberum Capital dropped their price objective on shares of Card Factory from GBX 260 ($3.53) to GBX 240 ($3.25) and set a “hold” rating for the company in a report on Thursday.

The firm has a market cap of $945.87 and a price-to-earnings ratio of 1,254.44.

TRADEMARK VIOLATION NOTICE: This article was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at

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.

Receive News & Ratings for Card Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Card Factory and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit