Card Factory PLC (CARD) Hits New 1-Year High at $346.20

Card Factory PLC (LON:CARD) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 346.20 ($4.47) and last traded at GBX 342.90 ($4.43), with a volume of 283,741 shares trading hands. The stock had previously closed at GBX 343.80 ($4.44).

Several equities research analysts recently commented on the company. Liberum Capital reiterated a “buy” rating and set a GBX 345 ($4.46) target price on shares of Card Factory PLC in a report on Thursday, May 25th. Investec reiterated a “buy” rating and set a GBX 405 ($5.23) target price on shares of Card Factory PLC in a report on Thursday, August 10th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 400 ($5.17) target price on shares of Card Factory PLC in a report on Tuesday, August 1st.

The company’s 50 day moving average is GBX 325.12 and its 200 day moving average is GBX 307.84. The company’s market cap is GBX 1.17 billion.

In other Card Factory PLC news, insider Karen Hubbard acquired 13,456 shares of the business’s stock in a transaction that occurred on Monday, June 26th. The stock was acquired at an average price of GBX 296 ($3.82) per share, with a total value of £39,829.76 ($51,439.70).

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Card Factory PLC Company Profile

Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The Company operates through two segments: Card Factory and Getting Personal. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores. The Getting Personal segment is an online retailer of personalized cards and gifts.

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