Canaccord Genuity Group Reaffirms Buy Rating for Card Factory (LON:CARD)

Card Factory (LON:CARD - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Canaccord Genuity Group in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 185 price target on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 82.81% from the stock's previous close.

A number of other research analysts have also issued reports on the stock. Peel Hunt reiterated a "hold" rating and issued a GBX 110 target price on shares of Card Factory in a research note on Tuesday. Berenberg Bank reaffirmed a "buy" rating and set a GBX 150 price objective on shares of Card Factory in a report on Tuesday, July 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Card Factory has a consensus rating of "Moderate Buy" and an average target price of GBX 148.33.

Card Factory Stock Down 1.2%

Shares of LON:CARD opened at GBX 101.20 on Thursday. The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10. The company has a market cap of £355.50 million, a PE ratio of 738.69, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06. Card Factory has a 52 week low of GBX 73 and a 52 week high of GBX 115.70. The firm has a 50 day simple moving average of GBX 103.75 and a 200 day simple moving average of GBX 95.21.

Card Factory (LON:CARD - Get Free Report) last released its earnings results on Tuesday, September 30th. The company reported GBX 2.80 earnings per share (EPS) for the quarter. Card Factory had a net margin of 7.79% and a return on equity of 13.00%. As a group, research analysts expect that Card Factory will post 15.8347676 earnings per share for the current year.

Insider Transactions at Card Factory

In related news, insider Darcy Willson Rymer acquired 52,370 shares of the firm's stock in a transaction on Tuesday, July 29th. The shares were purchased at an average cost of GBX 95 per share, for a total transaction of £49,751.50. Company insiders own 4.41% of the company's stock.

Card Factory Company Profile

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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