Peel Hunt Reaffirms “Buy” Rating for Carpetright plc (LON:CPR)

Carpetright plc (LON:CPR)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a report released on Tuesday, October 24th. They currently have a GBX 250 ($3.29) target price on the stock. Peel Hunt’s target price indicates a potential upside of 46.20% from the stock’s current price.

A number of other research firms have also issued reports on CPR. Shore Capital reaffirmed a “hold” rating on shares of Carpetright plc in a report on Tuesday, June 27th. Berenberg Bank lowered their target price on shares of Carpetright plc from GBX 230 ($3.03) to GBX 200 ($2.63) and set a “hold” rating for the company in a research note on Wednesday, August 9th. N+1 Singer reaffirmed a “buy” rating and set a GBX 300 ($3.95) target price on shares of Carpetright plc in a research note on Tuesday, June 27th. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 149 ($1.96) target price on shares of Carpetright plc in a report on Tuesday, June 27th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 280 ($3.68) target price on shares of Carpetright plc in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 233.17 ($3.07).

Shares of Carpetright plc (LON CPR) opened at GBX 171 ($2.25) on Tuesday. Carpetright plc has a 12-month low of GBX 149 ($1.96) and a 12-month high of GBX 259 ($3.41).

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Carpetright plc 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.

Analyst Recommendations for Carpetright plc (LON:CPR)

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