In a report released today, Mitch Kummetz from Pivotal Research reiterated a Buy rating on Tilly’s Inc (TLYS), with a price target of $10.50. The company’s shares closed last Monday at $9.04, close to its 52-week low of $7.62.
Kummetz wrote:
“Weather improved from the first three weeks to the last 10 weeks of 2Q19; July was the best month of the quarter across many regions.”
According to TipRanks.com, Kummetz is a 3-star analyst with an average return of 3.0% and a 56.0% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tilly’s Inc with a $13 average price target.
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Tilly’s Inc’s market cap is currently $267.2M and has a P/E ratio of 11.00. The company has a Price to Book ratio of 1.62.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock.
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Tilly’s, Inc. engages in the retail of casual apparel, footwear, and accessories. Its stores are located in malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.
