Berenberg Bank lowered shares of Card Factory (LON:CARD – Free Report) to a hold rating in a research report released on Friday morning, MarketBeat Ratings reports. The brokerage currently has GBX 80 price objective on the stock, down from their prior price objective of GBX 110.
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 price objective on shares of Card Factory in a report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Card Factory has an average rating of “Hold” and a consensus price target of GBX 113.33.
Read Our Latest Research Report on Card Factory
Card Factory Stock Down 1.9%
Card Factory (LON:CARD – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported GBX 11.80 earnings per share (EPS) for the quarter. The business had revenue of £582.70 million for the quarter. Card Factory had a return on equity of 9.00% and a net margin of 5.35%. As a group, equities analysts expect that Card Factory will post 15.8347676 earnings per share for the current fiscal year.
Insider Buying and Selling at Card Factory
In related news, insider Pamela Powell purchased 11,853 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of GBX 67 per share, for a total transaction of £7,941.51. Also, insider Darcy Willson Rymer sold 91,998 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 66, for a total value of £60,718.68. Corporate insiders own 4.50% of the company’s stock.
About Card Factory
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.
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