In a report issued on December 6, Edward Kelly from Wells Fargo maintained a Buy rating on Five Below (FIVE). The company’s shares closed last Monday at $124.20.
According to TipRanks.com, Kelly is a 4-star analyst with an average return of 7.3% and a 68.0% success rate. Kelly covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Performance Food Group, and United Natural Foods.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Five Below with a $148.56 average price target, which is a 19.0% upside from current levels. In a report issued on November 25, Guggenheim also reiterated a Buy rating on the stock with a $140.00 price target.
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The company has a one-year high of $148.22 and a one-year low of $86.57. Currently, Five Below has an average volume of 805.4K.
Based on the recent corporate insider activity of 47 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.
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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.
