Express (NYSE:EXPR) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
Express (NYSE:EXPR) : 11 Wall Street analysts covering Express (NYSE:EXPR) believe that the average level the stock could reach for the short term is $18.32. The maximum price target given is $26 and the minimum target for short term is around $14, hence the standard deviation is calculated at $3.24.
Company shares have received an average consensus rating of Hold for the current week Also, Deutsche Bank initiates coverage on Express (NYSE:EXPR). The shares have now been rated Buy by the stock experts at the ratings house. Deutsche Bank announces the current price target of $25 per share on Express . The rating by the firm was issued on April 26, 2016.
Express (NYSE:EXPR): On Tuesdays trading session , Opening price of the stock was $14.32 with an intraday high of $14.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.11. However, the stock managed to close at $14.17, a loss of 0.07% for the day. On the previous day, the stock had closed at $14.18. The total traded volume of the day was 1,338,103 shares.
In an insider trading activity,The officer (EVP – Planning and Allocation) of Express, Inc., Rafferty John J sold 10,000 shares at $20 on April 13, 2016. The Insider selling transaction had a total value worth of $200,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.