Mothercare plc (MTC) Cut to “Neutral” at J P Morgan Chase & Co

J P Morgan Chase & Co downgraded shares of Mothercare plc (LON:MTC) to a neutral rating in a research report report published on Friday. They currently have GBX 110 ($1.45) target price on the stock, down from their prior target price of GBX 120 ($1.58).

A number of other research analysts have also issued reports on MTC. Canaccord Genuity reissued a sell rating and set a GBX 103 ($1.35) target price on shares of Mothercare plc in a research note on Thursday, July 20th. Peel Hunt reaffirmed a buy rating and issued a GBX 150 ($1.97) price target on shares of Mothercare plc in a research note on Thursday, July 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 128.60 ($1.69).

Mothercare plc (LON MTC) traded down GBX 2 ($0.03) during trading on Friday, reaching GBX 94 ($1.24). 121,350 shares of the company’s stock were exchanged, compared to its average volume of 69,930. Mothercare plc has a 52-week low of GBX 91 ($1.20) and a 52-week high of GBX 137.12 ($1.80).

TRADEMARK VIOLATION WARNING: This piece of content was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at

Mothercare plc Company Profile

Mothercare plc is a retailer for parents and young children. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. The Company’s operating segments include the UK business and the International business.

Analyst Recommendations for Mothercare plc (LON:MTC)

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

Leave a Reply