Carpetright plc (CPR) Receives Average Rating of “Hold” from Brokerages

Carpetright plc (LON:CPR) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 233.17 ($3.01).

A number of research analysts have weighed in on CPR shares. Berenberg Bank decreased their price objective on Carpetright plc from GBX 230 ($2.97) to GBX 200 ($2.58) and set a “hold” rating on the stock in a report on Wednesday, August 9th. Deutsche Bank AG restated a “buy” rating and issued a GBX 280 ($3.62) price objective on shares of Carpetright plc in a report on Friday. Shore Capital restated a “hold” rating on shares of Carpetright plc in a report on Tuesday, June 27th. Peel Hunt restated a “buy” rating and issued a GBX 250 ($3.23) price objective on shares of Carpetright plc in a report on Tuesday, June 27th. Finally, N+1 Singer restated a “buy” rating and issued a GBX 300 ($3.87) price objective on shares of Carpetright plc in a report on Tuesday, June 27th.

Shares of Carpetright plc (LON CPR) traded down 1.85% during midday trading on Tuesday, reaching GBX 192.00. 15,458 shares of the company traded hands. The firm’s market capitalization is GBX 129.67 million. The stock has a 50 day moving average price of GBX 193.00 and a 200 day moving average price of GBX 209.47. Carpetright plc has a 1-year low of GBX 149.00 and a 1-year high of GBX 259.00.

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Carpetright plc Company Profile

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.

Analyst Recommendations for Carpetright plc (LON:CPR)

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