Report
EUR 13.06 For Business Accounts Only

Increased risk weighs on CARPETRIGHT PLC., penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of CARPETRIGHT PLC. (GB), active in the Home Improvement Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date January 19, 2018, the closing price was GBp 99.60 and its target price was estimated at GBp 94.62.
Underlying
Carpetright PLC

Carpetright is a retailer of floorcoverings and beds in the domestic home improvement market. Co. sells a range of carpets, vinyls, laminates, vinyl tile, and engineered wood. Co. operates in the United Kingdom, the Netherlands, Belgium and the Republic of Ireland. As of Apr 29 2017, Co. operated 564 stores across Europe.

Provider
TheScreener
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