Guggenheim analyst Robert Drbul maintained a Buy rating on Levi Strauss & Co (LEVI) today and set a price target of $26.00. The company’s shares closed last Monday at $19.29.
According to TipRanks.com, Drbul is a 5-star analyst with an average return of 7.8% and a 65.2% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Capri Holdings Limited, and Ralph Lauren Corp.
Currently, the analyst consensus on Levi Strauss & Co is a Moderate Buy with an average price target of $22.00.
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Based on Levi Strauss & Co’s latest earnings release for the quarter ending May 31, the company reported a quarterly net profit of $28.23 million. In comparison, last year the company had a net profit of $130 million.
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Levi Strauss & Co. engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia.
