Carpetright (CPR) PT Raised to GBX 70

Carpetright (LON:CPR) had its price objective raised by Peel Hunt from GBX 40 ($0.52) to GBX 70 ($0.91) in a report released on Thursday morning. Peel Hunt currently has a buy rating on the stock.

Shares of CPR opened at GBX 17.68 ($0.23) on Thursday. Carpetright has a twelve month low of GBX 52 ($0.68) and a twelve month high of GBX 253.75 ($3.32).

In other news, insider Wilf Walsh acquired 222,000 shares of Carpetright stock in a transaction dated Tuesday, October 9th. The shares were acquired at an average cost of GBX 18 ($0.24) per share, for a total transaction of £39,960 ($52,214.82).

Carpetright Company Profile

Carpetright plc engages in the retail sale of floor coverings, beds, curtains, and blinds. The company also sells its products through online. It operates 545 stores in the United Kingdom, Belgium, the Netherlands, and the Republic of Ireland. Carpetright plc was founded in 1988 and is headquartered in Purfleet, the United Kingdom.

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