Trade Report: Today: Carpetright plc’s (CPR) Buy Rating Reaffirm at Deutsche Bank AG

Today: Carpetright plc’s (CPR) Buy Rating Reaffirm at Deutsche Bank AG

Deutsche Bank AG reiterated their buy rating on shares of Carpetright plc (LON:CPR) in a report published on Friday. The firm currently has a GBX 300 ($3.75) price objective on the stock.

A number of other brokerages have also recently issued reports on CPR. Peel Hunt cut their target price on Carpetright plc from GBX 400 ($5.00) to GBX 250 ($3.12) and set a buy rating on the stock in a report on Tuesday, October 25th. Berenberg Bank dropped their price objective on Carpetright plc from GBX 450 ($5.62) to GBX 230 ($2.87) and set a hold rating on the stock in a research note on Tuesday, August 9th.

Carpetright plc (LON:CPR) opened at 188.18 on Friday. The company has a 50 day moving average of GBX 202.71 and a 200 day moving average of GBX 240.78. Carpetright plc has a 1-year low of GBX 184.43 and a 1-year high of GBX 505.00. The firm’s market capitalization is GBX 127.38 million.

In other Carpetright plc news, insider Wilf Walsh bought 12,500 shares of the stock in a transaction dated 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 the stock in a transaction dated 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).

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