Shore Capital Reaffirms Hold Rating for Carpetright (LON:CPR)

Shore Capital reissued their hold rating on shares of Carpetright (LON:CPR) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts have also issued reports on the company. Peel Hunt lowered their target price on Carpetright from GBX 70 ($0.91) to GBX 50 ($0.65) and set a buy rating on the stock in a report on Tuesday, June 25th. Peel Hunt reaffirmed a buy rating on shares of Carpetright in a report on Tuesday, August 27th.

CPR opened at GBX 10.30 ($0.13) on Monday. The firm has a market capitalization of $32.05 million and a P/E ratio of -1.30. The stock’s 50 day moving average price is GBX 13.96 and its two-hundred day moving average price is GBX 17.54. The company has a quick ratio of 0.18, a current ratio of 0.71 and a debt-to-equity ratio of 86.12. Carpetright has a 12-month low of GBX 11.70 ($0.15) and a 12-month high of GBX 36 ($0.47).

About Carpetright

Carpetright plc engages in the retail sale of floor coverings, beds, curtains, and blinds. The company also sells its products through online. It operates 545 stores in the United Kingdom, Belgium, the Netherlands, and the Republic of Ireland. Carpetright plc was founded in 1988 and is headquartered in Purfleet, the United Kingdom.

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