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A number of stock research firms have changed their ratings and price targets for Kate Spade & Co (NASDAQ: KATE) during the last seven days:

  • Kate Spade & Co had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $34.00 price target on the stock, down previously from $44.00.
  • Kate Spade & Co had its “buy” rating reaffirmed by analysts at Nomura. They now have a $38.00 price target on the stock, down previously from $43.00.
  • Kate Spade & Co had its price target lowered by analysts at Telsey Advisory Group from $43.00 to $38.00. They now have a “not rated” rating on the stock.
  • Kate Spade & Co was upgraded by analysts at Zacks from a “neutral” rating to an “outperform” rating. They now have a $32.80 price target on the stock.

Shares of Kate Spade & Co (NASDAQ:KATE) opened at 33.19 on Thursday. Kate Spade & Co has a one year low of $22.99 and a one year high of $42.87. The stock’s 50-day moving average is $37.0 and its 200-day moving average is $35.77. The company has a market cap of $4.212 billion and a price-to-earnings ratio of 20.12.

Kate Spade & Co (NASDAQ:KATE) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.06. The company had revenue of $266.00 million for the quarter, compared to the consensus estimate of $237.83 million. On average, analysts predict that Kate Spade & Co will post $0.28 earnings per share for the current fiscal year.

Kate Spade & Co, formerly Fifth & Pacific Companies Inc, designs and markets a portfolio of retail-based, premium brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND.

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