Morgan Stanley Maintains Their Hold Rating on JJill Inc (JILL)


Morgan Stanley analyst Kimberly Greenberger maintained a Hold rating on JJill Inc (JILL) today and set a price target of $7. The company’s shares opened today at $5.99.

According to TipRanks.com, Greenberger is a 4-star analyst with an average return of 8.6% and a 56.9% success rate. Greenberger covers the Services sector, focusing on stocks such as Abercrombie Fitch, Burlington Stores, and Nordstrom Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JJill Inc with a $7.75 average price target, a 29.4% upside from current levels. In a report released yesterday, Cowen & Co. also reiterated a Hold rating on the stock with a $6.50 price target.

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Based on JJill Inc’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $6.69 million. In comparison, last year the company had a net profit of $5.99 million.

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J.Jill, Inc. engages in the business of retailing women’s apparel, accessories, and footwear. It markets its products through direct and retail channels under the J.Jill brand. The company was founded on February 17, 2011 and is headquartered in Quincy, MA.

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