Shares of Mothercare plc (LON:MTC – Get Free Report) fell 10.5% during mid-day trading on Monday . The company traded as low as GBX 2.51 ($0.03) and last traded at GBX 2.86 ($0.04). 884,482 shares changed hands during mid-day trading, an increase of 37% from the average session volume of 646,363 shares. The stock had previously closed at GBX 3.20 ($0.04).
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft cut their price objective on Mothercare from GBX 650 to GBX 450 and set a “buy” rating on the stock in a research report on Thursday, September 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Mothercare presently has an average rating of “Buy” and an average price target of GBX 450.
Check Out Our Latest Report on MTC
Mothercare Stock Down 3.6%
Mothercare (LON:MTC – Get Free Report) last posted its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.40) earnings per share for the quarter. As a group, research analysts forecast that Mothercare plc will post 0.2157576 earnings per share for the current year.
Mothercare Company Profile
Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand.
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