KeyBanc Believes Oxford Industries (OXM) Still Has Room to Grow


In a report released today, Edward Yruma from KeyBanc maintained a Buy rating on Oxford Industries (NYSE: OXM), with a price target of $100. The company’s shares closed yesterday at $94.24, close to its 52-week high of $97.19.

According to TipRanks.com, Yruma is a 4-star analyst with an average return of 10.6% and a 59.5% success rate. Yruma covers the Services sector, focusing on stocks such as Weight Watchers International, Wal-Mart Stores Inc, and Urban Outfitters.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oxford Industries with a $99 average price target.

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Oxford Industries’ market cap is currently $1.6B and has a P/E ratio of 23.04. The company has a Price to Book ratio of 3.60.

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Oxford Industries, Inc. engages in the design, sourcing, and marketing. Its lifestyle brands featuring Tommy Bahama, Lilly Pulitzer and Southern Tide, as well as owned and licensed brands of tailored clothing and golf apparel. The company was founded by John Hicks Lanier, Thomas C. Chubb III, and Sartain Lanier in 1942 and is headquartered in Atlanta, GA.

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