Iconix Brand Group, Inc. (NASDAQ:ICON) has received a consensus rating of “Hold” from the eight research firms that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $5.00.
ICON has been the subject of a number of research reports. ValuEngine raised Iconix Brand Group from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. FBR & Co reissued a “buy” rating and set a $8.50 price objective on shares of Iconix Brand Group in a research note on Thursday, September 14th. Roth Capital set a $2.00 price objective on Iconix Brand Group and gave the stock a “hold” rating in a research note on Thursday, December 7th. B. Riley reissued a “neutral” rating and set a $4.00 price objective (down from $8.50) on shares of Iconix Brand Group in a research note on Wednesday, November 1st. Finally, Sidoti started coverage on Iconix Brand Group in a research note on Tuesday, September 19th. They set a “neutral” rating and a $6.00 price objective for the company.
Iconix Brand Group (NASDAQ ICON) opened at $1.48 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $79.91, a price-to-earnings ratio of 1.35 and a beta of 1.38. Iconix Brand Group has a one year low of $1.36 and a one year high of $10.80.
TRADEMARK VIOLATION WARNING: “Iconix Brand Group, Inc. (ICON) Receives Average Recommendation of “Hold” from Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/12/17/iconix-brand-group-inc-icon-receives-average-recommendation-of-hold-from-analysts.html.
Iconix Brand Group Company Profile
Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.
Receive News & Ratings for Iconix Brand Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconix Brand Group and related companies with MarketBeat.com's FREE daily email newsletter.