Analyst Price Target Update on Tiffany & Co. (NYSE:TIF)

Tiffany & Co. (NYSE:TIF): 10 analysts have set the short term price target of Tiffany & Co. (NYSE:TIF) at $78.9. The standard deviation of short term price target has been estimated at $11.38, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 101 and $68 respectively.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Goldman Sachs maintains its rating on Tiffany & Co. (NYSE:TIF). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Goldman Sachs lowers the price target from $71 per share to $69 per share. The rating by the firm was issued on May 26, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, The Securities and Exchange Commission has divulged that Harlan Leigh M., officer (SENIOR VICE PRESIDENT) of Tiffany & Co, had unloaded 070 shares at an average price of $63.94 in a transaction dated on May 19, 2016. The total value of the transaction was worth $4,476.

Tiffany & Co. (NYSE:TIF) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.75 points or 1.21% at $61.02 with 1,781,900 shares getting traded. Post opening the session at $61.51, the shares hit an intraday low of $60.94 and an intraday high of $61.95 and the price was in this range throughout the day. The company has a market cap of $7,690 million and the number of outstanding shares have been calculated to be 126,017,551 shares. The 52-week high of Tiffany & Co. (NYSE:TIF) is $96.43 and the 52-week low is $59.73.

Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.

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