Elizabeth Arden Inc. Sets New 1-Year Low at $25.75 (RDEN)
Elizabeth Arden (NASDAQ:RDEN) set a new 52-week low during trading on Monday, AnalystRatings.Net reports. The stock traded as low as $25.75 and last traded at $26.13, with a volume of 190,710 shares. The stock had previously closed at $27.12.
RDEN has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Elizabeth Arden from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 21st. They now have a $26.60 price target on the stock. Separately, analysts at B. Riley cut their price target on shares of Elizabeth Arden from $42.00 to $30.00 in a research note to investors on Tuesday, January 21st. They now have a “neutral” rating on the stock. Finally, analysts at Telsey Advisory Group cut their price target on shares of Elizabeth Arden from $35.00 to $30.00 in a research note to investors on Friday, January 17th. They now have a “not rated” rating on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $35.70.
Elizabeth Arden has a 1-year low of $26.25 and a 1-year high of $49.47. The stock has a 50-day moving average of $32.61 and a 200-day moving average of $36.32. The company has a market cap of $777.9 million and a price-to-earnings ratio of 20.53.
Elizabeth Arden, Inc is a beauty products company with a range of portfolio of fragrance, skin care and cosmetics brands.
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