Guggenheim Maintains a Buy Rating on Tiffany & Co (TIF)


In a report released today, Robert Drbul from Guggenheim maintained a Buy rating on Tiffany & Co (TIF). The company’s shares opened today at $88.61.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 9.9% and a 64.2% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Capri Holdings Limited, and Ascena Retail Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tiffany & Co with a $111.93 average price target, which is a 26.3% upside from current levels. In a report issued on January 18, Cowen & Co. also maintained a Buy rating on the stock with a $105 price target.

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The company has a one-year high of $141.64 and a one-year low of $73.04. Currently, Tiffany & Co has an average volume of 2.27M.

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Tiffany & Co. is a holding company, which through its subsidiaries, engages in manufacture and sale of jewelry merchandise. The firm also sells timepieces, leather goods, sterling silver goods, china, crystal, stationery, fragrances, and accessories. It operates through the following geographical segments: Americas, Asia-Pacific, Japan, Europe, and Other.

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