Card Factory PLC’s (CARD) Buy Rating Reaffirmed at Investec
Investec reissued their buy rating on shares of Card Factory PLC (LON:CARD) in a research note issued to investors on Wednesday morning, Analyst Ratings.Net reports. Investec currently has a GBX 410 ($5.84) price objective on the stock.
Card Factory PLC (LON:CARD) opened at 348.6000 on Wednesday. The stock’s market cap is GBX 1.19 billion. The firm’s 50-day moving average is GBX 357.36 and its 200-day moving average is GBX 360.49. Card Factory PLC has a 52-week low of GBX 255.00 and a 52-week high of GBX 401.50.
A number of other analysts have also issued reports on CARD. Liberum Capital reaffirmed a buy rating and issued a GBX 450 ($6.41) target price on shares of Card Factory PLC in a report on Monday, October 12th. Peel Hunt reaffirmed a buy rating and issued a GBX 500 ($7.12) target price on shares of Card Factory PLC in a report on Friday, January 22nd. Finally, Nomura reiterated a neutral rating and issued a GBX 330 ($4.70) price objective on shares of Card Factory PLC in a research report on Monday, December 7th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 392 ($5.58).
Card Factory plc is a United Kingdom-based retailer of greeting cards, dressings and gifts. The Company offers a range of other complementary products, including small gifts, party products and gift dressings. The Company has two operating segments: Card Factory and Getting Personal. Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. Getting Personal segment is an online retailer of personalized cards and gifts. It operates through a chain of over 750 Card Factory stores, as well as through its online offerings: www.gettingpersonal.co.uk (LON:CARD) and www.cardfactory.co.uk (which sells a selection of the products available in Card Factory stores). Its physical store network operates in three areas: single cards, non-card items and Christmas box cards. Its non-card offerings include gift dressings, small gifts, party products and other products, such as calendars, diaries and stamps.
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