Card Factory (CARD) Hits New 52-Week Low at $159.40

Card Factory PLC (LON:CARD)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 159.40 ($2.08) and last traded at GBX 170.80 ($2.23), with a volume of 1614430 shares. The stock had previously closed at GBX 168 ($2.20).

CARD has been the subject of several analyst reports. Liberum Capital reiterated a “hold” rating on shares of Card Factory in a research report on Thursday, November 15th. Peel Hunt reaffirmed a “reduce” rating on shares of Card Factory in a report on Thursday, November 15th. Finally, Berenberg Bank reissued a “sell” rating and set a GBX 150 ($1.96) target price on shares of Card Factory in a research note on Wednesday, September 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 206.25 ($2.70).

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About Card Factory (LON:CARD)

Card Factory plc, together with its subsidiaries, operates as a specialist retailer of greeting cards, primarily in the United Kingdom. The company designs, prints, produces, and sells greeting cards, dressings, and related gift items. It operates through Card Factory and Getting Personal segments. 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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