Mothercare plc (MTC) Rating Lowered to Neutral at J P Morgan Chase & Co

Mothercare plc (LON:MTC) was downgraded by stock analysts at J P Morgan Chase & Co to a “neutral” rating in a research note issued to investors on Friday. They presently have a GBX 110 ($1.45) price objective on the stock, down from their previous price objective of GBX 120 ($1.58). J P Morgan Chase & Co’s target price points to a potential upside of 14.58% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Peel Hunt reissued a “buy” rating and issued a GBX 150 ($1.97) target price on shares of Mothercare plc in a research report on Thursday, July 20th. Canaccord Genuity reissued a “sell” rating and issued a GBX 103 ($1.35) target price on shares of Mothercare plc in a research report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 128.60 ($1.69).

Shares of Mothercare plc (MTC) opened at GBX 96 ($1.26) on Friday. Mothercare plc has a 1 year low of GBX 91 ($1.20) and a 1 year high of GBX 137.12 ($1.80).

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About Mothercare plc

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)

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