Express Price Target Raised to $18.00 (EXPR)
Analysts at Mizuho upped their price target on shares of Express (NASDAQ:EXPR) from $14.00 to $18.00 in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Mizuho’s price target would suggest a potential upside of 9.42% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Susquehanna raised their price target on shares of Express from $20.00 to $21.00 in a research note on Thursday. Separately, analysts at Stifel Nicolaus reiterated a “hold” rating on shares of Express in a research note on Wednesday. Finally, analysts at Zacks upgraded shares of Express from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $14.60 price target on the stock. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $18.40.
Express (NASDAQ:EXPR) traded up 0.36% during mid-day trading on Thursday, hitting $16.51. The stock had a trading volume of 287,742 shares. Express has a 1-year low of $11.80 and a 1-year high of $25.05. The stock has a 50-day moving average of $15.36 and a 200-day moving average of $15.67. The company has a market cap of $1.387 billion and a price-to-earnings ratio of 15.65.
Express (NASDAQ:EXPR) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $481.40 million for the quarter, compared to the consensus estimate of $457.10 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. Analysts expect that Express will post $0.83 EPS for the current fiscal year.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.
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