Carpetright plc (LON:CPR)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank AG in a note issued to investors on Friday. They currently have a GBX 300 ($3.75) price objective on the stock. Deutsche Bank AG’s target price indicates a potential upside of 57.89% from the stock’s current price.
A number of other equities analysts have also recently weighed in on CPR. Berenberg Bank lowered their price objective on shares of Carpetright plc from GBX 450 ($5.62) to GBX 230 ($2.87) and set a “hold” rating for the company in a research report on Tuesday, August 9th. Peel Hunt lowered their price objective on shares of Carpetright plc from GBX 400 ($5.00) to GBX 250 ($3.12) and set a “buy” rating for the company in a research report on Tuesday, October 25th.
Shares of Carpetright plc (LON:CPR) opened at 196.2999 on Friday. The stock’s market capitalization is GBX 132.88 million. The stock’s 50 day moving average is GBX 203.77 and its 200-day moving average is GBX 241.13. Carpetright plc has a one year low of GBX 184.43 and a one year high of GBX 505.00.
In other Carpetright plc news, insider Wilf Walsh bought 12,500 shares of Carpetright plc stock in a transaction on Wednesday, October 26th. The shares were bought at an average cost of GBX 200 ($2.50) per share, for a total transaction of £25,000 ($31,234.38). Also, insider Neil Page bought 2,500 shares of Carpetright plc stock in a transaction on Tuesday, October 25th. The shares were acquired at an average price of GBX 193 ($2.41) per share, for a total transaction of £4,825 ($6,028.24).