Chicos FAS (NYSE:CHS) : 5 brokerage houses believe that Chicos FAS (NYSE:CHS) is a Strong Buy at current levels. 11 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chicos FAS (NYSE:CHS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.38.
Chicos FAS (NYSE:CHS) : The consensus price target for Chicos FAS (NYSE:CHS) is $12.83 for the short term with a standard deviation of $1.7. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $11.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Chicos FAS (NYSE:CHS). Citigroup has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $11 per share from a prior target of $13. The rating by the firm was issued on May 27, 2016.
Chicos FAS (NYSE:CHS): stock turned positive on Tuesday. Though the stock opened at $10.25, the bulls momentum made the stock top out at $10.44 level for the day. The stock recorded a low of $10.18 and closed the trading day at $10.22, in the green by 0.69%. The total traded volume for the day was 1,579,254. The stock had closed at $10.15 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Noce Colaco Donna, officer (Brand President WH|BM) of Chicos Fas Inc, had unloaded 40,000 shares at an average price of $13.02 in a transaction dated on April 4, 2016. The total value of the transaction was worth $520,800.
Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.