Mothercare plc (LON:MTC) has been assigned a consensus rating of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 229.25 ($3.41).
Shares of Mothercare plc (LON:MTC) traded up 1.2500% during midday trading on Monday, hitting GBX 222.7500. The stock had a trading volume of 18,753 shares. The firm has a 50-day moving average of GBX 226.38 and a 200 day moving average of GBX 245.23. The firm’s market cap is GBX 380.23 million. Mothercare plc has a 12-month low of GBX 167.50 and a 12-month high of GBX 298.00.
Several analysts have recently issued reports on the company. Numis Securities Ltd reiterated a “buy” rating and set a GBX 280 ($4.17) price target (down previously from GBX 300 ($4.46)) on shares of Mothercare plc in a research note on Thursday, November 19th. Peel Hunt reiterated a “hold” rating and set a GBX 275 ($4.09) price target on shares of Mothercare plc in a research note on Thursday, November 19th. JPMorgan Chase & Co. upped their price target on Mothercare plc from GBX 296 ($4.40) to GBX 300 ($4.46) and gave the stock an “overweight” rating in a research note on Thursday, November 19th. Stifel Nicolaus reiterated a “buy” rating and set a GBX 304 ($4.52) price target on shares of Mothercare plc in a research note on Monday, December 21st. Finally, Berenberg Bank assumed coverage on Mothercare plc in a research note on Friday, October 23rd. They set a “hold” rating and a GBX 250 ($3.72) price target for the company.
Mothercare plc is a United Kingdom-based retailer for parents and young children. The principal activity of the Company is to operate as a specialist multi-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre (LON:MTC) brands. The Company’s operating segments include the UK business and the International business. The UK business segment includes the United Kingdom store and wholesale operations, catalogue and Web sales. The International business segment includes franchise and wholesale revenues outside the United Kingdom. Its clothing and footwear product includes ranges for babies, children and maternity wear, home and travel includes pushchairs, car seats, furniture, bedding, feeding and bathing equipment, and toys are mainly for babies. It operates in the United Kingdom through its stores and direct business, and across the globe in approximately 60 countries through its franchise network.