Fifth & Pacific Companies Given Buy Rating at KeyCorp (FNP)
Fifth & Pacific Companies (NYSE:FNP)‘s stock had its “buy” rating reaffirmed by research analysts at KeyCorp in a report released on Monday, Analyst Ratings Net reports. They currently have a $28.00 target price on the stock. KeyCorp’s price objective would suggest a potential upside of 9.25% from the company’s current price.
Fifth & Pacific Companies (NYSE:FNP) traded down 0.33% during mid-day trading on Monday, hitting $25.545. 546,734 shares of the company’s stock traded hands. Fifth & Pacific Companies has a 52 week low of $9.98 and a 52 week high of $26.36. The stock’s 50-day moving average is $24.76 and its 200-day moving average is $22.79. The company’s market cap is $3.133 billion.
Fifth & Pacific Companies (NYSE:FNP) last released its earnings data on Thursday, August 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.02. The company had revenue of $382.00 million for the quarter, compared to the consensus estimate of $392.70 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. Analysts expect that Fifth & Pacific Companies will post $0.05 EPS for the current fiscal year.
FNP has been the subject of a number of other recent research reports. Analysts at Imperial Capital raised their price target on shares of Fifth & Pacific Companies from $25.00 to $30.00 in a research note to investors on Tuesday, August 20th. They now have an “outperform” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Fifth & Pacific Companies from $21.00 to $25.00 in a research note to investors on Monday, August 12th. Finally, analysts at Monness Crespi & Hardt raised their price target on shares of Fifth & Pacific Companies from $23.00 to $27.00 in a research note to investors on Monday, August 5th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $26.44.
Fifth & Pacific Companies Inc, formerly Liz Claiborne Inc (NYSE:FNP) designs and markets a portfolio of retail-based, premium brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.