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Tiffany & Co. (NYSE:TIF) has earned a consensus recommendation of “Buy” from the twenty-four ratings firms that are presently covering the company, Analyst Ratings.Net reports. Nine research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $87.76.

A number of research firms have recently commented on TIF. Analysts at Nomura initiated coverage on shares of Tiffany & Co. in a research note on Wednesday, February 12th. They set a “buy” rating and a $100.00 price target on the stock. Separately, analysts at Zacks reiterated an “outperform” rating on shares of Tiffany & Co. in a research note on Friday, January 17th. They now have a $97.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Tiffany & Co. from a “neutral” rating to an “outperform” rating in a research note on Thursday, December 26th. They now have a $100.00 price target on the stock.

In other Tiffany & Co. news, SVP John Petterson sold 12,500 shares of the stock on the open market in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $89.00, for a total value of $1,112,500.00. Following the completion of the transaction, the senior vice president now directly owns 33,413 shares in the company, valued at approximately $2,973,757. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Tiffany & Co. (NYSE:TIF) traded up 1.22% during mid-day trading on Monday, hitting $90.37. 169,150 shares of the company’s stock traded hands. Tiffany & Co. has a 52-week low of $64.01 and a 52-week high of $93.64. The stock has a 50-day moving average of $87.13 and a 200-day moving average of $83.10. The company has a market cap of $11.572 billion and a P/E ratio of 24.75.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, April 10th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Tuesday, March 18th.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (NYSE:TIF), is a jeweler and specialty retailer whose principal merchandise offering is jewelry.

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