Susquehanna analyst Sam Poser reiterated a Buy rating on Kontoor Brands Inc (KTB) today and set a price target of $36. The company’s shares opened today at $30.99.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 4.0% and a 51.9% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
Kontoor Brands Inc has an analyst consensus of Moderate Buy, with a price target consensus of $32.80, which is a 5.8% upside from current levels. In a report issued on June 26, Stifel Nicolaus also maintained a Buy rating on the stock with a $37 price target.
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The company has a one-year high of $41.75 and a one-year low of $25.78. Currently, Kontoor Brands Inc has an average volume of 1.76M.
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Kontoor Brands, Inc. engages in the manufacture and sale of apparel. It designs, manufactures, sources, markets, and distributes its portfolio of brands which include Wrangler and Lee denim, apparel, and accessories. The company was founded on November 11, 2018 and is headquartered in Greensboro, NC.
