Rating to Follow: Mothercare PLC (LON:MTC) Stock Rating Maintained at JP Morgan Cazenove; The GBX 150.00 Target Indicates 40.52% Potential

November 25, 2016 - By Marguerite Chambers

Mothercare PLC (LON:MTC) Rating

In a research note sent to clients and investors on 25 November, Mothercare PLC (LON:MTC) stock “Overweight” was restate by JP Morgan Cazenove. They currently have a GBX 150.00 PT on the stock. JP Morgan Cazenove’s PT would indicate a potential upside of 40.52% from the company’s current price.

Mothercare plc (LON:MTC) Ratings Coverage

Out of 7 analysts covering Mothercare PLC (LON:MTC), 5 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 71% are positive. GBX 328 is the highest target while GBX 90 is the lowest. The GBX 190.57 average target is 79.58% above today’s (GBX 106.12) stock price. Mothercare PLC has been the topic of 50 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, November 24 by Numis Securities. Numis Securities maintained the shares of MTC in a report on Thursday, October 15 with “Add” rating. On Wednesday, March 23 the stock rating was upgraded by Peel Hunt to “Buy”. Stifel Nicolaus maintained the shares of MTC in a report on Monday, August 17 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, September 1. As per Tuesday, February 9, the company rating was maintained by JP Morgan. On Thursday, July 23 the stock rating was maintained by JP Morgan with “Overweight”. The company was maintained on Monday, September 7 by Cantor Fitzgerald. The company was maintained on Tuesday, March 8 by Cantor Fitzgerald. The firm has “Add” rating given on Thursday, July 23 by Numis Securities.

About 12,188 shares traded hands. Mothercare plc (LON:MTC) has declined 15.31% since April 27, 2016 and is downtrending. It has underperformed by 20.72% the S&P500.

Mothercare plc is a retailer for parents and young children. The company has a market cap of 181.33 million GBP. The principal activity of the Company is to operate as a specialist omni-channel retailer, franchisor and wholesaler of products for mothers-to-be, babies and children under the Mothercare and Early Learning Centre brands. It has a 29.54 P/E ratio. The Company’s operating divisions include the UK business and the International business.

More news for Mothercare plc (LON:MTC) were recently published by: Uk.Finance.Yahoo.com, which released: “Mothercare plc (MTC.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “Why this month’s flops dropped: Mothercare plc (-38%), Premier Foods plc (-32 …” and published on May 15, 2016 is yet another important article.

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