In a report released yesterday, Adrienne Tennant from Barclays maintained a Hold rating on PVH (PVH), with a price target of $40.00. The company’s shares closed last Friday at $30.99, close to its 52-week low of $28.40.
According to TipRanks.com, Tennant is a 2-star analyst with an average return of -1.5% and a 43.3% success rate. Tennant covers the Services sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Burlington Stores.
Currently, the analyst consensus on PVH is a Moderate Buy with an average price target of $52.92, implying a 71.6% upside from current levels. In a report issued on April 3, RBC Capital also downgraded the stock to Hold with a $30.00 price target.
See today’s analyst top recommended stocks >>
Based on PVH’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $2.6 billion and GAAP net loss of $67.4 million. In comparison, last year the company earned revenue of $2.48 billion and had a net profit of $159 million.
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.
PVH Corp. engages in the design and marketing of branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, and other related products. It operates through the following segments: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail. The Calvin Klein North America and Calvin Klein International segment operates in North America; and Europe, Asia, and Brazil respectively. It sells its products under the brand names CALVIN KLEIN 205 W39 NYC, CK Calvin Klein, and CALVIN KLEIN. The Tommy Hilfiger North America and Tommy Hilfiger International segment wholesales in North America; and Europe and China respectively. It consists of Tommy Hilfiger, Hilfiger Denim, Hilfiger Collection, and Tommy Hilfiger Tailored brands. The Heritage Brands Wholesale segment markets its products to department, chain, and specialty stores, digital commerce sites operated by select wholesale partners and pure play digital commerce retailers in North America. The Heritage Brands Retail segment manages retail stores, primarily located in outlet centers throughout the United States and Canada. PVH was founded in 1881 and is headquartered in New York, NY.
