Analyst Price Target Update on Guess? (NYSE:GES)

Guess? (NYSE:GES): The stock price is expected to reach $ 19.11 in the short term. The number of analysts agreeing with this consensus is 9. The higher estimate for the short term price target is at $27 while the lower estimate is at $15. The standard deviation of the price stands at $4.17.

Many analysts have stated their opinion on the company shares. Brokerage firm Miller Tabek upgrades its rating on Guess? (NYSE:GES). The shares have been rated Hold. Previously, the analysts had a Sell rating on the shares. The rating by the firm was issued on May 27, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, Herrero Amigo Victor, CEO of Guess Inc, executed a transaction worth $17,929 on April 18, 2016. A total of 1,031 shares were purchased at an average price of $17.39. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Guess? (NYSE:GES) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.33% at $15.25 with 820,287 shares getting traded. Post opening the session at $15.25, the shares hit an intraday low of $15.17 and an intraday high of $15.39 and the price was in this range throughout the day. The company has a market cap of $1,286 million and the number of outstanding shares have been calculated to be 84,315,971 shares. The 52-week high of Guess? (NYSE:GES) is $23.4499 and the 52-week low is $14.52.

Guess?, Inc. (GUESS?) designs, markets, distributes and licenses a collection of apparel and accessories for men, women and children. GUESS? operates through five segments: North American Retail, Europe, Asia, North American Wholesale and Licensing. The North American Retail segment includes the Companys retail and e-commerce operations in North America, and its retail operations in Central and South America. The Europe segment includes its wholesale, retail and e-commerce operations in Europe and the Middle East. The Asia segment includes its wholesale, retail and e-commerce operations in Asia. The North American Wholesale segment includes its wholesale operations in North America, and Central and South America. The Licensing segment includes the Companys licensing operations around the world. The Companys apparel is marketed under various trademarks, including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, MARCIANO, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO and Gc.

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