Express Price Target Raised to $21.00 at Susquehanna (EXPR)
Stock analysts at Susquehanna hoisted their price objective on shares of Express (NASDAQ:EXPR) from $20.00 to $21.00 in a report issued on Thursday. Susquehanna’s target price would indicate a potential upside of 27.66% from the stock’s previous close.
EXPR has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus reiterated a “hold” rating on shares of Express in a research note on Wednesday. Separately, 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. Finally, analysts at Janney Montgomery Scott upgraded shares of Express from a “neutral” rating to a “buy” rating in a research note on Monday, June 23rd. They now have a $22.33 price target on the stock. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $18.40.
Express (NASDAQ:EXPR) traded up 1.64% on Thursday, hitting $16.72. 977,768 shares of the company’s stock traded hands. Express has a 52 week low of $11.80 and a 52 week 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 $1.405 billion and a price-to-earnings ratio of 15.65.
Express (NASDAQ:EXPR) last released its earnings results on Wednesday, August 27th. The company reported $0.08 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 prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue 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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