B.Riley FBR analyst Susan Anderson reiterated a Buy rating on Guess (GES) yesterday and set a price target of $25. The company’s shares closed last Monday at $19.16.
According to TipRanks.com, Anderson is a 2-star analyst with an average return of 0.3% and a 44.1% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica Inc, Turning Point Brands, and Columbia Sportswear.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guess with a $20.50 average price target.
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Based on Guess’ latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of $25.09 million. In comparison, last year the company had a net profit of $25.26 million.
Based on the recent corporate insider activity of 19 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 GES in relation to earlier this year.
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Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.
