Time to Buy Mothercare plc After Today’s Huge Increase?

 Time to Buy Mothercare plc After Today's Huge Increase?

The stock of Mothercare plc (LON:MTC) is a huge mover today! The stock increased 1.80% or GBX 2 on November 28, hitting GBX 113. About 28,983 shares traded hands. Mothercare plc (LON:MTC) has declined 9.76% since April 28, 2016 and is downtrending. It has underperformed by 15.77% the S&P500.
The move comes after 5 months positive chart setup for the GBX 193.08M company. It was reported on Nov, 28 by Barchart.com. We have GBX 117.52 PT which if reached, will make LON:MTC worth GBX 7.72 million more.

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 186.29 average target is 64.86% above today’s (GBX 113) stock price. Mothercare PLC has been the topic of 51 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Mothercare plc (LON:MTC) has “Sell” rating given on Monday, November 23 by Cantor Fitzgerald. The stock of Mothercare plc (LON:MTC) earned “Overweight” rating by JP Morgan on Tuesday, February 9. The rating was maintained by Cantor Fitzgerald on Thursday, July 23 with “Sell”. The company was maintained on Thursday, January 7 by Stifel Nicolaus. As per Wednesday, December 2, the company rating was maintained by JP Morgan. Numis Securities maintained Mothercare plc (LON:MTC) rating on Thursday, January 14. Numis Securities has “Buy” rating and GBX 280 price target. The stock has “Sell” rating given by Cantor Fitzgerald on Wednesday, December 2. Berenberg maintained it with “Sell” rating and GBX 100 target price in Tuesday, August 9 report. JP Morgan maintained the shares of MTC in a report on Friday, May 20 with “Overweight” rating. The stock of Mothercare plc (LON:MTC) has “Buy” rating given on Thursday, November 24 by Peel Hunt.

More recent Mothercare plc (LON:MTC) news were published by: Uk.Finance.Yahoo.com which released: “Mothercare plc (MTC.L)” on March 29, 2014. Also Fool.Co.Uk published the news titled: “Why this month’s flops dropped: Mothercare plc (-38%), Premier Foods plc (-32 …” on May 15, 2016. Fool.Co.Uk‘s news article titled: “Should You Sell Mothercare plc And Poundland Group PLC & Buy Halfords Group …” with publication date: April 14, 2016 was also an interesting one.

Mothercare plc is a retailer for parents and young children. The company has a market cap of 193.08 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 31.45 P/E ratio. The Company’s operating divisions include the UK business and the International business.

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