Mothercare (LON: MTC)‘s stock had its “sell” rating reaffirmed by research analysts at Cantor Fitzgerald in a report released on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 200 ($3.02) price target on the stock. Cantor Fitzgerald’s target price would indicate a potential downside of 57.89% from the stock’s previous close.
Mothercare (LON: MTC) traded up 1.47% on Monday, hitting GBX 482.00. Mothercare has a 1-year low of GBX 182.00 and a 1-year high of GBX 493.00. The stock’s 50-day moving average is currently GBX 212.4. The company’s market cap is £426.8 million.
MTC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon upgraded shares of Mothercare to a “hold” rating in a research note to investors on Friday. They now have a GBX 420 ($6.34) price target on the stock, up previously from GBX 280 ($4.23). Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Mothercare in a research note to investors on Monday, June 3rd. They now have a GBX 450 ($6.80) price target on the stock, up previously from GBX 400 ($6.04). Finally, analysts at Nplus1 Brewin raised their price target on shares of Mothercare from GBX 400 ($6.04) to GBX 450 ($6.80) in a research note to investors on Monday, June 3rd. They now have a “buy” rating on the stock.
Five analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 321.29 ($4.85).
Mothercare plc is a retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands.