D.A. Davidson analyst Linda Bolton Weiser maintained a Buy rating on Inter Parfums (NASDAQ: IPAR) today and set a price target of $75. The company’s shares closed on Friday at $63.30, close to its 52-week high of $67.50.
According to TipRanks.com, Weiser is a 4-star analyst with an average return of 11.1% and a 55.1% success rate. Weiser covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Helen Of Troy Limited, and elf Beauty Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Inter Parfums with a $66.25 average price target.
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The company has a one-year high of $67.50 and a one-year low of $39.11. Currently, Inter Parfums has an average volume of 86.17K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Pelayo Frederic Garcia, the DirExprt InterparfumsSA of IPAR sold 3,600 shares for a total of $234,720.
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Inter Parfums, Inc. engages in the business of manufacturing, marketing and distributing wide array of fragrances and fragrance related products. It operates through following segments: European Based Operations and United States Based Operations.
