J.Jill (NYSE:JILL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “J.Jill, Inc. operates as a specialty retailer of womens apparel. The Company offers sweaters, tops, pants, dresses, shorts, skirts, sleepwear and accessories. It markets through retail stores, website and catalog. J.Jill, Inc. is headquartered in Quincy, Massachusetts. “

Other equities research analysts also recently issued research reports about the stock. Jefferies Group restated a “buy” rating and issued a $17.00 price objective on shares of J.Jill in a research report on Thursday, August 24th. Royal Bank Of Canada restated a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Thursday, August 17th. Morgan Stanley downgraded shares of J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 12th. SunTrust Banks downgraded shares of J.Jill from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Finally, BidaskClub upgraded shares of J.Jill from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. J.Jill has an average rating of “Hold” and an average target price of $15.00.

J.Jill (JILL) traded down $0.03 during midday trading on Wednesday, hitting $6.86. The company had a trading volume of 375,083 shares, compared to its average volume of 446,865. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 1.29. J.Jill has a 52-week low of $4.74 and a 52-week high of $14.40.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.04. The company had revenue of $162.00 million for the quarter, compared to analysts’ expectations of $156.20 million. J.Jill’s quarterly revenue was up 1.6% compared to the same quarter last year. analysts predict that J.Jill will post 0.72 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the company. Alyeska Investment Group L.P. lifted its position in shares of J.Jill by 43.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 732,199 shares of the specialty retailer’s stock valued at $7,974,000 after acquiring an additional 221,879 shares during the period. Magnetar Financial LLC acquired a new stake in shares of J.Jill during the 3rd quarter valued at approximately $239,000. B. Riley Financial Inc. acquired a new stake in shares of J.Jill during the 3rd quarter valued at approximately $109,000. Envestnet Asset Management Inc. lifted its position in shares of J.Jill by 6,110.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,356 shares of the specialty retailer’s stock valued at $243,000 after acquiring an additional 21,996 shares during the period. Finally, Elk Creek Partners LLC lifted its position in shares of J.Jill by 6.2% during the 3rd quarter. Elk Creek Partners LLC now owns 651,160 shares of the specialty retailer’s stock valued at $7,091,000 after acquiring an additional 38,079 shares during the period. Institutional investors own 31.30% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “J.Jill (JILL) Stock Rating Upgraded by Zacks Investment Research” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of US & international copyright laws. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/06/j-jill-jill-stock-rating-upgraded-by-zacks-investment-research.html.

J.Jill Company Profile

J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs.

Get a free copy of the Zacks research report on J.Jill (JILL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for J.Jill (NYSE:JILL)

Receive News & Ratings for J.Jill Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.Jill Inc. and related companies with MarketBeat.com's FREE daily email newsletter.