Stitch Fix (NASDAQ:SFIX) has been given a $29.00 price target by analysts at Piper Jaffray Companies in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Piper Jaffray Companies’ price target would suggest a potential upside of 17.12% from the company’s previous close.
Other equities research analysts have also issued research reports about the company. Barclays began coverage on Stitch Fix in a research report on Tuesday, December 12th. They issued an “equal weight” rating and a $26.00 target price on the stock. Stifel Nicolaus assumed coverage on Stitch Fix in a research report on Tuesday, December 12th. They set a “hold” rating and a $22.00 price target on the stock. William Blair assumed coverage on Stitch Fix in a research report on Tuesday, December 12th. They set an “outperform” rating on the stock. J P Morgan Chase & Co assumed coverage on Stitch Fix in a research report on Tuesday, December 12th. They set a “neutral” rating and a $25.00 price target on the stock. Finally, Royal Bank of Canada assumed coverage on Stitch Fix in a research report on Tuesday, December 12th. They set an “outperform” rating and a $29.00 price target on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $25.83.
Shares of Stitch Fix (NASDAQ SFIX) traded up $0.91 during trading on Wednesday, reaching $24.76. The company had a trading volume of 1,726,500 shares, compared to its average volume of 1,547,271. Stitch Fix has a 1-year low of $14.48 and a 1-year high of $25.98.
