Peel Hunt Downgrades Card Factory (CARD) to Hold

Card Factory (LON:CARD) was downgraded by analysts at Peel Hunt to a “hold” rating in a research report issued on Thursday. They presently have a GBX 240 ($3.25) price objective on the stock, down from their previous price objective of GBX 400 ($5.42). Peel Hunt’s price objective would indicate a potential upside of 0.93% from the stock’s current price.

Several other research firms have also recently issued reports on CARD. Liberum Capital reiterated a “buy” rating and set a GBX 365 ($4.95) target price on shares of Card Factory in a research report on Tuesday, September 26th. Investec reiterated a “buy” rating and set a GBX 320 ($4.34) target price on shares of Card Factory in a research report on Thursday.

Shares of Card Factory (CARD) opened at GBX 237.80 ($3.22) on Thursday. Card Factory has a 1 year low of GBX 232 ($3.15) and a 1 year high of GBX 358.80 ($4.87). The stock has a market capitalization of $977.94 and a PE ratio of 1,321.11.

COPYRIGHT VIOLATION NOTICE: “Peel Hunt Downgrades Card Factory (CARD) to Hold” was originally published by Markets Daily and is owned by of Markets Daily. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://www.themarketsdaily.com/2018/01/11/peel-hunt-downgrades-card-factory-card-to-hold.html.

About Card Factory

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

Latest News

Leave a Reply