Finish Line PT Raised to $26.00 at B. Riley (FINL)
B. Riley lifted their target price on shares of Finish Line (NASDAQ:FINL) from $25.00 to $26.00 in a research note issued on Monday, AnalystRatings.Net reports. The firm currently has a “neutral” rating on the stock. B. Riley’s target price indicates a potential upside of 9.38% from the company’s current price.
Shares of Finish Line (NASDAQ:FINL) traded down 2.06% on Monday, hitting $23.77. The stock had a trading volume of 480,771 shares. Finish Line has a 52 week low of $16.87 and a 52 week high of $25.10. The stock has a 50-day moving average of $22.34 and a 200-day moving average of $21.18. The company has a market cap of $1.168 billion and a P/E ratio of 18.39.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, September 27th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.09. The company had revenue of $436.00 million for the quarter, compared to the consensus estimate of $426.39 million. During the same quarter last year, the company posted $0.49 earnings per share. Finish Line’s revenue was up 13.2% compared to the same quarter last year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. downgraded shares of Finish Line from a “neutral” rating to a “sell” rating in a research note to investors on Tuesday, October 1st. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Susquehanna raised their price target on shares of Finish Line from $21.00 to $22.00 in a research note to investors on Monday, September 30th. They now have a “neutral” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Finish Line in a research note to investors on Monday, September 30th. They now have a $24.00 price target on the stock, up previously from $23.00. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $21.93.
The Finish Line, Inc, together with its subsidiaries, is a mall-based specialty retailers in the United States, and operates two retail divisions under the Finish Line brand name (NASDAQ:FINL) and Running Specialty Group (Running Specialty).
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