Shares of Carpetright plc (LON:CPR) have been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 156.80 ($2.17).
CPR has been the subject of several recent analyst reports. Shore Capital reaffirmed a “hold” rating on shares of Carpetright in a research note on Friday, January 19th. Deutsche Bank cut Carpetright to a “hold” rating and decreased their target price for the stock from GBX 250 ($3.45) to GBX 200 ($2.76) in a research note on Tuesday, January 2nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 250 ($3.45) target price on shares of Carpetright in a research note on Tuesday, December 5th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating on shares of Carpetright in a research note on Monday, November 13th.
In other news, insider Wilf Walsh acquired 31,250 shares of Carpetright stock in a transaction on Friday, January 5th. The stock was purchased at an average price of GBX 160 ($2.21) per share, with a total value of £50,000 ($69,079.86).
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Carpetright 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.
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