In a report released today, Brian Nagel from Oppenheimer assigned a Buy rating to Five Below (FIVE), with a price target of $220.00. The company’s shares closed last Friday at $195.53, close to its 52-week high of $205.28.
According to TipRanks.com, Nagel is a top 25 analyst with an average return of 38.2% and a 78.6% success rate. Nagel covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Lululemon Athletica, and The Lovesac Company.
Five Below has an analyst consensus of Moderate Buy, with a price target consensus of $222.56.
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The company has a one-year high of $205.28 and a one-year low of $78.26. Currently, Five Below has an average volume of 756.4K.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIVE 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.
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
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