Mothercare plc (LON:MTC) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from GBX 180 ($2.23) to GBX 150 ($1.86) in a report released on Friday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 36.36% from the company’s current price.
A number of other research firms have also recently weighed in on MTC. Berenberg Bank dropped their price objective on shares of Mothercare plc from GBX 130 ($1.61) to GBX 100 ($1.24) and set a “sell” rating on the stock in a report on Tuesday, August 9th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 165 ($2.05) price objective on shares of Mothercare plc in a report on Thursday, November 24th. Finally, Peel Hunt dropped their price objective on shares of Mothercare plc from GBX 275 ($3.41) to GBX 150 ($1.86) and set a “buy” rating on the stock in a report on Thursday, November 24th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Mothercare plc has a consensus rating of “Buy” and an average price target of GBX 173.80 ($2.16).
Shares of Mothercare plc (LON:MTC) opened at 112.00 on Friday. The firm has a 50 day moving average of GBX 111.49 and a 200 day moving average of GBX 125.57. Mothercare plc has a one year low of GBX 101.25 and a one year high of GBX 253.62. The stock’s market cap is GBX 191.30 million.
In related news, insider Mark Newton-Jones bought 173,183 shares of the stock in a transaction on Friday, October 7th. The shares were purchased at an average price of GBX 115 ($1.43) per share, with a total value of £199,160.45 ($247,066.68).