Shares of XCel Brands Inc (NASDAQ:XELB) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a one year consensus price objective of $5.00 for the company and are forecasting that the company will post $0.02 earnings per share for the current quarter, according to Zacks. Zacks has also assigned XCel Brands an industry rank of 126 out of 265 based on the ratings given to related companies.
A number of equities analysts recently issued reports on the stock. ValuEngine upgraded shares of XCel Brands from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. DA Davidson assumed coverage on shares of XCel Brands in a research note on Thursday, February 8th. They issued a “buy” rating and a $5.00 price target on the stock.
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XCel Brands Company Profile
Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.
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