Card Factory (LON:CARD) Stock Rating Reaffirmed by Canaccord Genuity Group

Card Factory (LON:CARD)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 185 ($2.48) target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 68.18% from the company’s current price.

Separately, Berenberg Bank began coverage on Card Factory in a research note on Wednesday, July 3rd. They issued a “buy” rating and a GBX 154 ($2.06) target price for the company.

Card Factory Stock Performance

CARD stock opened at GBX 110 ($1.47) on Tuesday. The firm has a market cap of £382.37 million, a P/E ratio of 785.71, a P/E/G ratio of 0.84 and a beta of 2.06. The stock’s 50 day simple moving average is GBX 122.84 and its 200 day simple moving average is GBX 105.93. The company has a current ratio of 0.60, a quick ratio of 0.20 and a debt-to-equity ratio of 46.23. Card Factory has a 12-month low of GBX 88.10 ($1.18) and a 12-month high of GBX 144.25 ($1.93).

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.