Perry Ellis International Given New $20.00 Price Target at Benchmark Co. (PERY)
Stock analysts at Benchmark Co. upped their price objective on shares of Perry Ellis International (NASDAQ:PERY) from $17.00 to $20.00 in a report issued on Friday. The firm currently has a “buy” rating on the stock. Benchmark Co.’s target price would suggest a potential upside of 17.30% from the stock’s previous close.
A number of other firms have also recently commented on PERY. Analysts at KeyCorp raised their price target on shares of Perry Ellis International from $17.00 to $20.00 in a research note on Friday. Separately, analysts at Zacks upgraded shares of Perry Ellis International from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $15.20 price target on the stock. Finally, analysts at TheStreet downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research note on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $18.30.
Shares of Perry Ellis International (NASDAQ:PERY) opened at 17.05 on Friday. Perry Ellis International has a 52-week low of $12.37 and a 52-week high of $22.19. The stock’s 50-day moving average is $14.69 and its 200-day moving average is $15.18. The company’s market cap is $251.9 million.
Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings data on Thursday, May 22nd. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.27. The company had revenue of $257.30 million for the quarter, compared to the consensus estimate of $235.47 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. On average, analysts predict that Perry Ellis International will post $0.87 earnings per share for the current fiscal year.
Perry Ellis International, Inc, is an apparel company in the United States. The Company manages a portfolio of brands.
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