Card Factory (LON:CARD) Rating Reiterated by Investec

Investec reaffirmed their buy rating on shares of Card Factory (LON:CARD) in a research report released on Thursday, January 11th. The brokerage currently has a GBX 320 ($4.49) price objective on the stock.

Several other research firms also recently weighed in on CARD. Peel Hunt reduced their target price on Card Factory from GBX 430 ($6.04) to GBX 400 ($5.62) and set a buy rating on the stock in a research report on Tuesday, September 26th. Liberum Capital reiterated a buy rating and set a GBX 365 ($5.13) target price on shares of Card Factory in a research report on Tuesday, September 26th.

Shares of Card Factory (LON CARD) opened at GBX 189.10 ($2.66) on Thursday. Card Factory has a 52-week low of GBX 186.70 ($2.62) and a 52-week high of GBX 358.80 ($5.04). The stock has a market cap of $657.31 and a PE ratio of 1,050.56.

In other news, insider Roger Whiteside purchased 22,520 shares of the company’s stock in a transaction on Monday, January 15th. The stock was bought at an average cost of GBX 220 ($3.09) per share, for a total transaction of £49,544 ($69,574.50).

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Card Factory Company Profile

Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The Company operates through two segments: Card Factory and Getting Personal. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. The Getting Personal segment is an online retailer of personalized cards and gifts.

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