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Mothercare PLC (LON:MTC) stock price target increased to 130.00GBX, issued a research note today by Berenberg

In a report released on 06/08/2017 Berenberg increased the stock price target of Mothercare PLC (LON:MTC) from 100.00GBX to 130.00GBX reporting a possible upside of 0.05%.

Previously on Friday May 19, 2017, JP Morgan Cazenove released a statement about Mothercare PLC (LON:MTC) reduced the target price from 149.00GBX to 140.00GBX. At the time, this indicated a possible upside of 0%.

Just yesterday Mothercare PLC (LON:MTC) traded 4.05% higher at 123.38GBX. Mothercare PLC’s 50-day moving average is 98.01GBX and its 200-day moving average is 111.49GBX. The last stock price is up -7.84% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 76,022 shares of MTC traded hands, down from an average trading volume of 111,295

Recent Performance Chart

Mothercare PLC (LON:MTC)

Mothercare PLC has 52 week low of 91.00GBX and a 52 week high of 137.12GBX with a PE ratio of 22.34 and has a market capitalization of 0 GBX.

In addition to Berenberg reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is 175.00GBX with 2 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 1 brokerage rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Mothercare PLC (LON:MTC)

Mothercare plc is a retailer for parents and young children. 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. 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 the Company's 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 world in over 60 countries through its international network.

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