Today, Card Factory PLC (CARD) Given Buy Rating at Peel Hunt

Today, Card Factory PLC (CARD) Given Buy Rating at Peel Hunt
Card Factory PLC (LON:CARD)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research note issued on Monday, StockTargetPrices.com reports. They presently have a GBX 400 ($5.00) price objective on the stock. Peel Hunt’s price objective points to a potential upside of 64.95% from the stock’s previous close.

Several other analysts have also weighed in on CARD. Investec reiterated a “buy” rating and issued a GBX 395 ($4.94) price objective on shares of Card Factory PLC in a research note on Thursday, August 11th. Liberum Capital lowered their price objective on shares of Card Factory PLC from GBX 340 ($4.25) to GBX 310 ($3.87) and set a “hold” rating for the company in a research note on Thursday, August 18th.

Card Factory PLC (LON:CARD) traded up 0.49% during mid-day trading on Monday, reaching GBX 243.70. 1,115,271 shares of the company’s stock traded hands. The stock’s market cap is GBX 830.64 million. The company has a 50 day moving average price of GBX 263.66 and a 200-day moving average price of GBX 308.09. Card Factory PLC has a 12 month low of GBX 238.70 and a 12 month high of GBX 388.70.

The business also recently disclosed a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 20th will be paid a GBX 17.80 ($0.22) dividend. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 5.73%. This is a positive change from Card Factory PLC’s previous dividend of $6.00.

In related news, insider Karen Hubbard acquired 7,207 shares of the stock in a transaction dated Thursday, October 20th. The stock was bought at an average price of GBX 271 ($3.39) per share, for a total transaction of £19,530.97 ($24,401.51).

About Card Factory PLC

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