Peel Hunt Reiterates Buy Rating for Card Factory PLC (CARD)

Card Factory PLC (LON:CARD)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a note issued to investors on Friday. They presently have a GBX 430 ($5.55) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 26.47% from the stock’s previous close.

Other analysts have also issued reports about the stock. Investec restated a “buy” rating and set a GBX 405 ($5.23) price target on shares of Card Factory PLC in a research report on Thursday, May 25th. Liberum Capital upped their price target on shares of Card Factory PLC from GBX 345 ($4.46) to GBX 365 ($4.71) and gave the company a “buy” rating in a research report on Thursday, August 10th.

Card Factory PLC (CARD) opened at 340.00 on Friday. Card Factory PLC has a 12 month low of GBX 232.00 and a 12 month high of GBX 347.72. The company’s market capitalization is GBX 1.16 billion. The company’s 50-day moving average price is GBX 328.24 and its 200 day moving average price is GBX 308.89.

COPYRIGHT VIOLATION NOTICE: “Peel Hunt Reiterates Buy Rating for Card Factory PLC (CARD)” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/09/17/peel-hunt-reiterates-buy-rating-for-card-factory-plc-card.html.

In other news, insider Karen Hubbard bought 13,456 shares of the company’s stock in a transaction dated Monday, June 26th. The stock was bought at an average cost of GBX 296 ($3.82) per share, for a total transaction of £39,829.76 ($51,439.70).

About Card Factory PLC

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

Leave a Reply