Card Factory (LON:CARD) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reiterated their reduce rating on shares of Card Factory (LON:CARD) in a research report report published on Tuesday morning, LSE.Co.UK reports. The firm currently has a GBX 160 ($2.09) price objective on the stock.

Several other research analysts also recently weighed in on the stock. Peel Hunt restated a reduce rating and issued a GBX 160 ($2.09) target price on shares of Card Factory in a research note on Tuesday. UBS Group raised shares of Card Factory to a buy rating and cut their price target for the company from GBX 230 ($3.01) to GBX 220 ($2.87) in a report on Friday, August 9th. Berenberg Bank reaffirmed a sell rating on shares of Card Factory in a report on Thursday, April 25th. Finally, Liberum Capital cut their price target on shares of Card Factory from GBX 190 ($2.48) to GBX 170 ($2.22) and set a hold rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. Card Factory currently has a consensus rating of Hold and an average target price of GBX 171 ($2.23).

Shares of CARD stock opened at GBX 154 ($2.01) on Tuesday. The company has a market capitalization of $525.99 million and a PE ratio of 10.27. The firm has a fifty day simple moving average of GBX 170.24 and a 200-day simple moving average of GBX 183.59. The company has a current ratio of 1.28, a quick ratio of 0.06 and a debt-to-equity ratio of 63.21. Card Factory has a twelve month low of GBX 157.20 ($2.05) and a twelve month high of GBX 210 ($2.74).

In related news, insider Kristian Lee purchased 3,195 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were purchased at an average cost of GBX 178 ($2.33) per share, with a total value of £5,687.10 ($7,431.20).

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of greeting cards primarily in the United Kingdom. The company designs, sources, prints, warehouses, produces, distributes, and sells greeting cards, dressings, and related gift items. It operates through two segments, Card Factory and Getting Personal.

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Analyst Recommendations for Card Factory (LON:CARD)

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