Lands’ End Coverage Initiated by Analysts at Craig Hallum (LE)
Stock analysts at Craig Hallum initiated coverage on shares of Lands’ End (NYSE:LE) in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $40.00 price target on the stock. Craig Hallum’s price objective would indicate a potential upside of 22.10% from the company’s current price.
Shares of Lands’ End (NYSE:LE) opened at 32.76 on Wednesday. Lands’ End has a 52-week low of $25.35 and a 52-week high of $35.00. The stock has a 50-day moving average of $27.54 and a 200-day moving average of $28.08. The company has a market cap of $1.047 billion and a price-to-earnings ratio of 12.71.
Lands’ End (NYSE:LE) last posted its quarterly earnings results on Thursday, June 12th. The company reported $0.34 EPS for the quarter. The company had revenue of $330.50 million for the quarter, compared to the consensus estimate of $319.00 million.
In other Lands’ End news, Director Josephine Linden bought 3,000 shares of the company’s stock on the open market in a transaction dated Monday, June 16th. The shares were purchased at an average cost of $30.83 per share, with a total value of $92,490.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Lands’ End, Inc (NYSE:LE) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products.
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