Express (NYSE:EXPR) received a $10.00 price objective from research analysts at SunTrust Banks in a research report issued on Friday. The firm presently has a “hold” rating on the stock. SunTrust Banks’ target price would suggest a potential downside of 1.38% from the company’s current price.

A number of other research firms also recently commented on EXPR. BMO Capital Markets set a $10.00 target price on shares of Express and gave the company a “hold” rating in a research report on Friday. B. Riley increased their target price on shares of Express from $7.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday. TheStreet raised shares of Express from a “d+” rating to a “c-” rating in a research report on Thursday, November 16th. BidaskClub raised shares of Express from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, Zacks Investment Research raised shares of Express from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the stock. Express currently has an average rating of “Hold” and an average price target of $8.85.

Shares of Express (EXPR) traded up $0.40 during trading hours on Friday, hitting $10.14. 4,880,304 shares of the company’s stock were exchanged, compared to its average volume of 2,352,338. The stock has a market cap of $767.53, a P/E ratio of 25.82 and a beta of 1.33. Express has a 52 week low of $5.28 and a 52 week high of $12.40.

Express (NYSE:EXPR) last posted its earnings results on Thursday, November 30th. The company reported $0.08 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.08. The firm had revenue of $498.70 million for the quarter, compared to the consensus estimate of $487.38 million. Express had a net margin of 0.85% and a return on equity of 4.25%. The company’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $0.15 EPS. analysts expect that Express will post 0.45 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue lifted its stake in shares of Express by 77.6% in the 2nd quarter. State of Alaska Department of Revenue now owns 15,361 shares of the company’s stock worth $103,000 after acquiring an additional 6,711 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of Express in the 2nd quarter worth $114,000. Municipal Employees Retirement System of Michigan lifted its stake in shares of Express by 3.5% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 18,490 shares of the company’s stock worth $125,000 after acquiring an additional 620 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Express by 29.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 20,739 shares of the company’s stock worth $140,000 after acquiring an additional 4,722 shares during the period. Finally, Hartford Investment Management Co. lifted its stake in shares of Express by 96.3% in the 2nd quarter. Hartford Investment Management Co. now owns 21,000 shares of the company’s stock worth $142,000 after acquiring an additional 10,300 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

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Express Company Profile

Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise. The Company targets women and men between 20 and 30 years old. It offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeanswear and going-out occasions.

Analyst Recommendations for Express (NYSE:EXPR)

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