In a report issued on January 16, Susan Anderson from B.Riley FBR reiterated a Buy rating on Oxford Industries (OXM), with a price target of $97. The company’s shares closed on Friday at $76.83.
According to TipRanks.com, Anderson is a 2-star analyst with an average return of 0.4% and a 43.0% success rate. Anderson covers the Services sector, focusing on stocks such as Children’s Place, Urban Outfitters, and Foot Locker Inc.
Currently, the analyst consensus on Oxford Industries is a Strong Buy with an average price target of $84.60.
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Oxford Industries’ market cap is currently $1.3B and has a P/E ratio of 17.50. The company has a Price to Book ratio of 2.80.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OXM in relation to earlier this year.
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.
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.
