BMO Capital Markets Increases Revlon Price Target to $33.00 (REV)
BMO Capital Markets boosted their price objective on shares of Revlon (NYSE:REV) from $25.00 to $33.00 in a research note issued on Tuesday. BMO Capital Markets’ price target would indicate a potential upside of 8.52% from the stock’s previous close.
Shares of Revlon (NYSE:REV) traded down 1.42% on Tuesday, hitting $30.54. 22,633 shares of the company’s stock traded hands. Revlon has a 52-week low of $22.12 and a 52-week high of $32.29. The stock has a 50-day moving average of $30.42 and a 200-day moving average of $28.02. The company’s market cap is $1.599 billion.
Revlon (NYSE:REV) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.46 by $0.12. The company had revenue of $497.90 million for the quarter, compared to the consensus estimate of $490.20 million. On average, analysts predict that Revlon will post $1.75 earnings per share for the current fiscal year.
Revlon, Inc is a holding company. The Company operates its business through its wholly owned subsidiary, Revlon Consumer Products Corporation and its subsidiaries.
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