Five Below Given a $51.00 Price Target at Deutsche Bank (FIVE)
Deutsche Bank set a $51.00 price objective on shares of Five Below (NASDAQ:FIVE) stock in a research note issued on Tuesday, American Banking News reports. Deutsche Bank’s price target suggests a potential upside of 24.27% from the stock’s previous close.
Five Below (NASDAQ:FIVE) opened at 41.04 on Tuesday. Five Below has a 1-year low of $27.73 and a 1-year high of $43.04. The stock has a 50-day moving average of $38.49 and a 200-day moving average of $38.. The company’s market cap is $2.217 billion.
Five Below (NASDAQ:FIVE) last announced its earnings results on Monday, September 9th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $117.10 million for the quarter, compared to the consensus estimate of $112.70 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 34.9% on a year-over-year basis. Analysts expect that Five Below will post $0.69 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at MKM Partners upgraded shares of Five Below (NASDAQ:FIVE) from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday. Separately, analysts at UBS AG upgraded shares of Five Below (NASDAQ:FIVE) from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a $45.00 price target on the stock, up previously from $39.00.
Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $52.36.
Five Below, Inc (NASDAQ:FIVE) is a retailer offering a range of merchandise for teen and pre-teen customer.
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