Carpetright (LON:CPR)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank in a report issued on Friday. They currently have a GBX 280 ($3.77) target price on the stock. Deutsche Bank’s target price points to a potential upside of 55.56% from the stock’s current price.
A number of other research analysts also recently commented on CPR. Peel Hunt reissued a “buy” rating and issued a GBX 250 ($3.36) price target on shares of Carpetright in a report on Tuesday, December 5th. Goldman Sachs Group reissued a “neutral” rating on shares of Carpetright in a report on Monday, November 13th. Canaccord Genuity reissued a “sell” rating and issued a GBX 149 ($2.01) price target on shares of Carpetright in a report on Tuesday, October 24th. Finally, Shore Capital reissued a “hold” rating on shares of Carpetright in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 233.17 ($3.14).
Shares of Carpetright (LON:CPR) remained flat at $GBX 180 ($2.42) during midday trading on Friday. The stock had a trading volume of 4,646 shares, compared to its average volume of 33,291. Carpetright has a 12 month low of GBX 149 ($2.01) and a 12 month 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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