bebe Stores Given “Neutral” Rating at Janney Montgomery Scott (BEBE)
bebe Stores (NASDAQ:BEBE)‘s stock had its “neutral” rating restated by research analysts at Janney Montgomery Scott in a report released on Monday, StockRatingsNetwork.com reports. They currently have a $5.00 price target on the stock, down from their previous price target of $6.00. Janney Montgomery Scott’s price objective suggests a potential upside of 2.88% from the company’s current price.
bebe Stores (NASDAQ:BEBE) traded down 2.21% during mid-day trading on Monday, hitting $4.86. 313,649 shares of the company’s stock traded hands. bebe Stores has a 52 week low of $3.76 and a 52 week high of $6.22. The stock has a 50-day moving average of $5.30 and a 200-day moving average of $5.66. The company’s market cap is $384.2 million.
bebe Stores (NASDAQ:BEBE) last announced its earnings results on Thursday, November 7th. The company reported ($0.12) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.03. The company had revenue of $114.10 million for the quarter, compared to the consensus estimate of $105.81 million. During the same quarter last year, the company posted ($0.03) earnings per share. bebe Stores’s revenue was down 2.6% compared to the same quarter last year. Analysts expect that bebe Stores will post $-0.46 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on BEBE. Analysts at Thomson Reuters/Verus upgraded shares of bebe Stores from a “sell” rating to a “hold” rating in a research note to investors on Monday, January 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $4.95.
bebe stores, inc. designs, develop and produce a distinctive lines of contemporary women’s apparel and accessories.
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