Chicos FAS (CHS) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 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.
Chicos FAS (CHS) : 12 investment research analysts covering Chicos FAS (CHS) have an average price target of $12.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $11 for the short term. Analysts expect the variance to be within $1.7 of the average price.
Company shares have received an average consensus rating of Hold for the current week Chicos FAS (NYSE:CHS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.45 and $11.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.65, notching a gain of 3.65% for the day. The total traded volume was 2,455,434 . The stock had closed at $11.24 on the previous day.
In a related news, Noce Colaco Donna, officer (Brand President WH|BM) of Chicos Fas Inc, unloaded 40,000 shares at an average price of $13.02 on April 4, 2016. The total amount of the transaction was worth $520,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.