Carpetright (CPR) PT Lowered to GBX 65
Carpetright (LON:CPR) had its price objective lowered by Deutsche Bank from GBX 95 ($1.31) to GBX 65 ($0.90) in a research note published on Friday morning. Deutsche Bank currently has a hold rating on the stock.
A number of other equities research analysts have also issued reports on CPR. Peel Hunt cut their price objective on shares of Carpetright from GBX 100 ($1.38) to GBX 70 ($0.97) and set a hold rating for the company in a report on Thursday. Goldman Sachs Group reaffirmed a neutral rating on shares of Carpetright in a report on Monday, November 13th. Finally, Shore Capital reaffirmed a hold rating on shares of Carpetright in a report on Thursday. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 156.80 ($2.17).
Shares of Carpetright (LON:CPR) traded down GBX 0.30 ($0.00) on Friday, reaching GBX 60 ($0.83). 226,035 shares of the company’s stock were exchanged, compared to its average volume of 374,329. Carpetright has a twelve month low of GBX 52 ($0.72) and a twelve month high of GBX 259 ($3.58). The stock has a market cap of $40.96 and a price-to-earnings ratio of -1,200.00.
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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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