Tiffany & Co. Given Average Recommendation of “Buy” by Brokerages (NYSE:TIF)
Shares of Tiffany & Co. (NYSE:TIF) have received an average recommendation of “Buy” from the twenty-three ratings firms that are currently covering the company, AnalystRatingsNetwork reports. Seven research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $98.18.
TIF has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Tiffany & Co. in a research note on Wednesday, August 13th. They now have a $106.00 price target on the stock, up previously from $104.00. Separately, analysts at Barrington Research initiated coverage on shares of Tiffany & Co. in a research note on Monday, June 23rd. They set a “market perform” rating on the stock. Finally, analysts at HSBC raised their price target on shares of Tiffany & Co. from $110.00 to $122.00 in a research note on Friday, June 20th. They now have an “overweight” rating on the stock.
Tiffany & Co. (NYSE:TIF) opened at 98.11 on Friday. Tiffany & Co. has a 52 week low of $73.63 and a 52 week high of $103.38. The stock’s 50-day moving average is $99.4 and its 200-day moving average is $93.31. The company has a market cap of $12.661 billion and a price-to-earnings ratio of 55.63.
Tiffany & Co (NYSE:TIF) is a holding company that operates through its subsidiary companies.
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