Card Factory (CARD) PT Lowered to GBX 145

Card Factory (LON:CARD) had its price objective lowered by equities researchers at Berenberg Bank from GBX 150 ($1.96) to GBX 145 ($1.89) in a report released on Monday. The brokerage currently has a “sell” rating on the stock. Berenberg Bank’s price objective indicates a potential downside of 13.38% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Liberum Capital reissued a “hold” rating on shares of Card Factory in a report on Thursday, November 15th. Peel Hunt restated a “reduce” rating on shares of Card Factory in a research note on Thursday, November 15th.

Shares of LON CARD opened at GBX 167.40 ($2.19) on Monday. Card Factory has a fifty-two week low of GBX 184.23 ($2.41) and a fifty-two week high of GBX 358.80 ($4.69).

Card Factory Company Profile

Card Factory plc, together with its subsidiaries, operates as a specialist retailer of greeting cards, primarily in the United Kingdom. The company designs, prints, produces, and sells greeting cards, dressings, and related gift items. It operates through Card Factory and Getting Personal segments. The company provides single cards for everyday occasions, such as birthdays, anniversaries, weddings, thank you, get well soon, good luck, congratulations, sympathy, and new baby cards, as well as seasonal occasions, including Christmas, Mother's Day, Father's Day, Valentine's Day, Easter, thank you teacher, graduation, and exam congratulations; online personalized physical cards; and boxes of various Christmas cards.

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