Carpetright (LON:CPR) Rating Reiterated by Shore Capital

Carpetright (LON:CPR)‘s stock had its “hold” rating restated by research analysts at Shore Capital in a report issued on Tuesday, August 27th, ThisIsMoney.Co.Uk reports.

CPR has been the subject of several other reports. Peel Hunt reduced their price objective on Carpetright from GBX 70 ($0.91) to GBX 50 ($0.65) and set a “buy” rating for the company in a research note on Monday, June 24th. 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 research note on Tuesday, June 25th.

Shares of CPR traded up GBX 0.88 ($0.01) during trading hours on Tuesday, hitting GBX 12.78 ($0.17). 110,461 shares of the company were exchanged, compared to its average volume of 127,670. Carpetright has a one year low of GBX 11.70 ($0.15) and a one year high of GBX 36 ($0.47). The company has a debt-to-equity ratio of 86.12, a current ratio of 0.71 and a quick ratio of 0.18. The company has a market capitalization of $38.81 million and a PE ratio of -1.62. The firm has a fifty day simple moving average of GBX 14.53 and a 200-day simple moving average of GBX 17.78.

Carpetright Company Profile

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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