Canaccord Genuity reaffirmed their sell rating on shares of Mothercare plc (LON:MTC) in a research note issued to investors on Thursday, July 20th. They currently have a GBX 103 ($1.36) target price on the stock.
A number of other equities research analysts have also weighed in on the stock. Berenberg Bank raised shares of Mothercare plc to a hold rating and raised their price target for the company from GBX 100 ($1.32) to GBX 130 ($1.71) in a report on Thursday, June 8th. J P Morgan Chase & Co lowered their price target on shares of Mothercare plc from GBX 149 ($1.97) to GBX 140 ($1.85) and set an overweight rating for the company in a report on Friday, May 19th. Finally, Numis Securities Ltd reiterated a buy rating and set a GBX 150 ($1.98) price objective on shares of Mothercare plc in a research note on Thursday, May 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 134.60 ($1.78).
Shares of Mothercare plc (MTC) opened at 101.25 on Thursday. The company’s market capitalization is GBX 171.91 million. The firm’s 50-day moving average price is GBX 112.26 and its 200 day moving average price is GBX 117.65. Mothercare plc has a 52 week low of GBX 100.25 and a 52 week high of GBX 145.00.
In other news, insider Tea Colaianni acquired 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 31st. The shares were purchased at an average cost of GBX 121 ($1.60) per share, for a total transaction of £48,400 ($63,843.82). Also, insider Mark Newton-Jones acquired 95,000 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was purchased at an average price of GBX 105 ($1.39) per share, for a total transaction of £99,750 ($131,578.95).
Mothercare plc Company Profile
Mothercare plc is a retailer for parents and young children. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. The Company’s operating segments include the UK business and the International business.
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