Tiffany & Co. Price Target Raised to $108.00 at Sterne Agee (TIF)
Equities researchers at Sterne Agee raised their target price on shares of Tiffany & Co. (NYSE:TIF) to $108.00 in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Sterne Agee’s price target would indicate a potential upside of 8.58% from the company’s current price.
Tiffany & Co. (NYSE:TIF) opened at 99.47 on Thursday. Tiffany & Co. has a 1-year low of $73.63 and a 1-year high of $103.38. The stock has a 50-day moving average of $99.30 and a 200-day moving average of $93.54. The company has a market cap of $12.836 billion and a P/E ratio of 57.11.
A number of other firms have also recently commented on TIF. 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. Seven investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $98.18.
Tiffany & Co (NYSE:TIF) is a holding company that operates through its subsidiary companies.
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