Ascena Retail Group (ASNA) Receives a Hold from B.Riley FBR


In a report issued on January 16, Susan Anderson from B.Riley FBR reiterated a Hold rating on Ascena Retail Group (ASNA), with a price target of $4.50. The company’s shares closed on Friday at $3.03.

According to TipRanks.com, Anderson is a 2-star analyst with an average return of 0.4% and a 43.0% success rate. Anderson covers the Services sector, focusing on stocks such as Abercrombie Fitch, Children’s Place, and Urban Outfitters.

The word on The Street in general, suggests a Hold analyst consensus rating for Ascena Retail Group with a $4.50 average price target.

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The company has a one-year high of $5.29 and a one-year low of $1.79. Currently, Ascena Retail Group has an average volume of 2.94M.

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Ascena Retail Group, Inc. engages in the retail of apparel, shoes, and accessories for women. It operates through the following segments: Premium Fashion, Value Fashion, Plus Fashion, and Kids Fashion. The Premium Fashion segment consists of products under Ann Taylor and LOFT brands.