Card Factory (CARD) Price Target Increased to GBX 240 by Analysts at Liberum Capital
Card Factory (LON:CARD) had its target price raised by Liberum Capital from GBX 210 ($2.93) to GBX 240 ($3.35) in a research note published on Tuesday morning. The brokerage currently has a hold rating on the stock.
Other research analysts also recently issued reports about the stock. Peel Hunt downgraded shares of Card Factory to a hold rating and set a GBX 240 ($3.35) target price on the stock. in a research report on Friday, April 6th. UBS restated a neutral rating on shares of Card Factory in a research report on Friday, April 6th. Investec restated a buy rating and set a GBX 320 ($4.46) target price on shares of Card Factory in a research report on Thursday, January 11th. Finally, Berenberg Bank began coverage on shares of Card Factory in a research report on Thursday, March 1st. They set a hold rating and a GBX 200 ($2.79) target price on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Card Factory has a consensus rating of Hold and a consensus price target of GBX 264 ($3.68).
Shares of LON:CARD opened at GBX 235 ($3.28) on Tuesday. Card Factory has a 12 month low of GBX 184.23 ($2.57) and a 12 month high of GBX 358.80 ($5.00).
The firm also recently announced a dividend, which will be paid on Friday, June 8th. Shareholders of record on Thursday, May 3rd will be given a dividend of GBX 6.40 ($0.09) per share. The ex-dividend date of this dividend is Thursday, May 3rd. This represents a yield of 2.99%.
In other Card Factory news, insider Geoff Cooper sold 100,000 shares of the company’s stock in a transaction dated Thursday, April 26th. The shares were sold at an average price of GBX 234 ($3.26), for a total transaction of £234,000 ($326,359.83).
Card Factory Company Profile
Card Factory plc, through its subsidiaries, operates as a specialist retailer of greeting cards. The company designs, manufactures, and sells greeting cards, dressings, and related gift items. It operates through two segments, Card Factory and Getting Personal. The company provides single cards for everyday occasions, such as birthdays, anniversaries, weddings, thank you, get well soon, good luck, congratulations, sympathy, and new baby cards, as well as seasonal occasions, including Christmas, Mother's Day, Father's Day, Valentine's Day, Easter, thank you teacher, graduation, and exam congratulations; online personalized physical cards; and boxes of various Christmas cards.
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