Canaccord Genuity Group reiterated their buy rating on shares of Card Factory (LON:CARD - Free Report) in a research note published on Tuesday, Marketbeat.com reports. They currently have a GBX 185 ($2.48) price target on the stock.
Separately, Berenberg Bank began coverage on shares of Card Factory in a research note on Wednesday, July 3rd. They set a buy rating and a GBX 154 ($2.06) price objective for the company.
View Our Latest Analysis on Card Factory
Card Factory Price Performance
LON CARD traded down GBX 30.20 ($0.40) during trading hours on Tuesday, hitting GBX 112.80 ($1.51). The company had a trading volume of 13,875,914 shares, compared to its average volume of 1,210,984. The company has a debt-to-equity ratio of 46.23, a quick ratio of 0.20 and a current ratio of 0.60. The firm has a market capitalization of £392.10 million, a price-to-earnings ratio of 805.71, a PEG ratio of 0.84 and a beta of 2.06. Card Factory has a 52 week low of GBX 88.10 ($1.18) and a 52 week high of GBX 144.25 ($1.93). The firm has a 50 day simple moving average of GBX 122.64 and a 200 day simple moving average of GBX 105.90.
Card Factory Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, December 11th. Investors of record on Thursday, October 31st will be given a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 0.84%. The ex-dividend date is Thursday, October 31st. Card Factory's payout ratio is 3,571.43%.
Card Factory Company Profile
(
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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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