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Shares of Pacific Sunwear of California (NASDAQ:PSUN) have received an average rating of “Buy” from the fourteen ratings firms that are covering the company, AnalystRatings.Net reports. Five research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $3.88.

A number of research firms have recently commented on PSUN. Analysts at Thomson Reuters/Verus upgraded shares of Pacific Sunwear of California from a “hold” rating to a “buy” rating in a research note to investors on Monday, January 20th. Separately, analysts at Janney Montgomery Scott downgraded shares of Pacific Sunwear of California from a “buy” rating to a “neutral” rating in a research note to investors on Friday, January 10th. They now have a $3.00 price target on the stock. Finally, analysts at B. Riley upgraded shares of Pacific Sunwear of California from a “neutral” rating to a “buy” rating in a research note to investors on Friday, December 6th. They now have a $4.50 price target on the stock, up previously from $3.20.

Pacific Sunwear of California (NASDAQ:PSUN) traded down 0.69% during mid-day trading on Monday, hitting $2.86. The stock had a trading volume of 608,049 shares. Pacific Sunwear of California has a 52-week low of $1.93 and a 52-week high of $4.59. The stock’s 50-day moving average is $3.16 and its 200-day moving average is $3.23. The company’s market cap is $196.2 million.

Pacific Sunwear of California (NASDAQ:PSUN) last posted its quarterly earnings results on Thursday, December 5th. The company reported ($0.05) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.05). The company had revenue of $206.60 million for the quarter, compared to the consensus estimate of $205.01 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. On average, analysts predict that Pacific Sunwear of California will post $-0.36 earnings per share for the current fiscal year.

Pacific Sunwear of California, Inc (NASDAQ:PSUN) is a specialty retailer rooted in the action sports, fashion and music influences of the California lifestyle.

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