In a report released yesterday, Robert Drbul from Guggenheim maintained a Hold rating on Ascena Retail Group (ASNA). The company’s shares closed yesterday at $2.73.
Drbul observed:
“We remain NEUTRAL until we see a continuation of sustained positive comp growth and margin improvement.”
According to TipRanks.com, Drbul is a 5-star analyst with an average return of 8.2% and a 58.1% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Wal-Mart Stores Inc, and Ralph Lauren Corp.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Ascena Retail Group with a $2 average price target.
See today’s analyst top recommended stocks >>
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 2.85M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
