Carpetright (CPR) Receives Hold Rating from Shore Capital

Shore Capital restated their hold rating on shares of Carpetright (LON:CPR) in a report issued on Thursday. The brokerage currently has a GBX 42 ($0.59) target price on the stock.

A number of other analysts also recently issued reports on CPR. Deutsche Bank downgraded shares of Carpetright to a hold rating and lowered their price target for the stock from GBX 250 ($3.53) to GBX 200 ($2.83) in a report on Tuesday, January 2nd. Peel Hunt reissued a buy rating and set a GBX 230 ($3.25) price target on shares of Carpetright in a report on Monday, January 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Carpetright currently has an average rating of Hold and an average price target of GBX 137.67 ($1.95).

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Shares of LON CPR opened at GBX 38.50 ($0.54) on Thursday. Carpetright has a 1 year low of GBX 52 ($0.73) and a 1 year high of GBX 253.75 ($3.59).

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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.

Analyst Recommendations for Carpetright (LON:CPR)

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