Card Factory (LON:CARD) Given “Reduce” Rating at Peel Hunt

Peel Hunt reissued their reduce rating on shares of Card Factory (LON:CARD) in a research note released on Tuesday morning, LSE.Co.UK reports. They currently have a GBX 160 ($2.09) target price on the stock.

Several other brokerages have also issued reports on CARD. Liberum Capital lowered their price target on shares of Card Factory from GBX 190 ($2.48) to GBX 170 ($2.22) and set a hold rating on the stock in a report on Tuesday. UBS Group raised shares of Card Factory to a buy rating and lowered their price target for the company from GBX 230 ($3.01) to GBX 220 ($2.87) in a report on Friday, August 9th. Berenberg Bank reissued a sell rating on shares of Card Factory in a report on Thursday, April 25th. Finally, Peel Hunt reaffirmed a reduce rating and issued a GBX 160 ($2.09) target price on shares of Card Factory in a report on Tuesday. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 171 ($2.23).

Shares of Card Factory stock opened at GBX 154 ($2.01) on Tuesday. The firm has a market capitalization of $525.99 million and a PE ratio of 10.27. The company has a debt-to-equity ratio of 63.21, a current ratio of 1.28 and a quick ratio of 0.06. The company’s fifty day moving average price is GBX 169.83 and its two-hundred day moving average price is GBX 183.44. Card Factory has a 52-week low of GBX 157.20 ($2.05) and a 52-week high of GBX 210 ($2.74).

In other news, insider Kristian Lee bought 3,195 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were acquired at an average price of GBX 178 ($2.33) per share, with a total value of £5,687.10 ($7,431.20).

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of greeting cards primarily in the United Kingdom. The company designs, sources, prints, warehouses, produces, distributes, and sells greeting cards, dressings, and related gift items. It operates through two segments, Card Factory and Getting Personal.

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Analyst Recommendations for Card Factory (LON:CARD)

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