Express (NYSE:EXPR): 11 analysts have set the short term price target of Express (NYSE:EXPR) at $18.32. The standard deviation of short term price target has been estimated at $3.24, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 26 and $14 respectively.
Many analysts have stated their opinion on the company shares. Deutsche Bank initiates coverage on Express (NYSE:EXPR) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $25 per share. The rating by the firm was issued on April 26, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP – Planning and Allocation) of Express, Inc., Rafferty John J had sold 10,000 shares worth of $200,000 in a transaction dated April 13, 2016. In this transaction, 10,000 shares were sold at $20 per share.
Express (NYSE:EXPR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.15 points or 1.04% at $14.28 with 1,506,011 shares getting traded. Post opening the session at $14.48, the shares hit an intraday low of $14.265 and an intraday high of $14.48 and the price was in this range throughout the day. The company has a market cap of $1,129 million and the number of outstanding shares have been calculated to be 79,091,942 shares. The 52-week high of Express (NYSE:EXPR) is $21.57 and the 52-week low is $13.25.
Express, Inc. is a specialty apparel and accessories retailer offering both womens and mens merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. The Company operates one segment, which includes the operation of its brick-and-mortar retail and outlet stores, e-commerce operations and franchise operations. The Company sells its products through its e-commerce Website, www.express.com, and has franchise agreements with franchisees that operate Express locations in Latin America, the Middle East and South Africa. The Company operates approximately 641 stores across the United States, in Canada and in Puerto Rico, including 41 factory outlet stores.