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The latest announcement is out from Card Factory ( (GB:CARD) ).
Card Factory plc has applied to the Financial Conduct Authority and the London Stock Exchange for the admission of 1,300,000 ordinary shares to the Official List. These shares, reserved under the Card Factory plc SAYE Scheme 2015, are expected to be admitted on 25 June 2025 and will rank equally with existing ordinary shares, potentially enhancing the company’s market position and shareholder value.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Card Factory stock, see the GB:CARD Stock Forecast page.
Spark’s Take on GB:CARD Stock
According to Spark, TipRanks’ AI Analyst, GB:CARD is a Outperform.
Card Factory’s strong financial performance and attractive valuation highlight its potential as an investment. Despite the neutral technical indicators, the company’s robust earnings, stable balance sheet, and high dividend yield support a positive outlook.
To see Spark’s full report on GB:CARD stock, click here.
More about Card Factory
Card Factory plc operates in the retail industry, focusing on the sale of greeting cards, gifts, and related products. The company is known for its extensive range of affordable and quality products, catering primarily to the UK market.
Average Trading Volume: 1,382,901
Technical Sentiment Signal: Buy
Current Market Cap: £325.2M
Learn more about CARD stock on TipRanks’ Stock Analysis page.