Jefferies analyst Stephanie Wissink reiterated a Hold rating on Revlon (NYSE: REV) yesterday and set a price target of $18. The company’s shares closed yesterday at $16.30, close to its 52-week low of $14.
According to TipRanks.com, Wissink is a 3-star analyst with an average return of 1.6% and a 50.0% success rate. Wissink covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Build-A-Bear, and Sally Beauty.
Currently, the analyst consensus on Revlon is a Hold with an average price target of $18.
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Based on Revlon’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $90.3 million. In comparison, last year the company had a GAAP net loss of $36.5 million.
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Revlon, Inc. manufactures, markets and sells beauty and personal care products. The firm’s products include cosmetics, hair color, hair care and hair treatments, beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.
