Five Below (FIVE) Receives Price Target

Five Below (FIVE) : 7 investment research analysts covering Five Below (FIVE) have an average price target of $49.43 for the near short term. The highest target price given by the Brokerage Firm to the stock is $55 and the lowest target is $39 for the short term. Analysts expect the variance to be within $5.74 of the average price.

Five Below (FIVE) : 3 brokerage houses believe that Five Below (FIVE) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Five Below (FIVE). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 1.86.


Also, BTIG Research initiates coverage on Five Below (NASDAQ:FIVE) The shares have been rated Neutral. The rating by the firm was issued on August 24, 2016.

Five Below (NASDAQ:FIVE): The stock opened at $42.20 on Thursday but the bulls could not build on the opening and the stock topped out at $45.49 for the day. The stock traded down to $42.00 during the day, due to lack of any buying support eventually closed down at $44.05 with a loss of -1.14% for the day. The stock had closed at $44.56 on the previous day. The total traded volume was 4,173,706 shares.

Five Below, Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products, all priced at five dollars and below, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company operates 366 locations across 21 states. The Companys stores have over 4,000 stock-keeping units (SKUs) across a range of categories. The Companys product groups include leisure, fashion and home, and party and snack. Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages.

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