Express (EXPR) has an average broker rating of 2.69, which is interpreted as a Hold, as rated by 13 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 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 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Express (EXPR) : 12 investment research analysts covering Express (EXPR) have an average price target of $13.13 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $10 for the short term. Analysts expect the variance to be within $1.54 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the UBS downgrades the rating on Express (NYSE:EXPR). The brokerage firm has issued a Sell rating on the shares. The shares were previously rated Neutral. The Analysts at the ratings agency lowers the price target from $16 per share to $10 per share. The rating by the firm was issued on August 25, 2016.
Express (NYSE:EXPR): The stock opened at $11.84 and touched an intraday high of $12.12 on Wednesday. During the day, the stock corrected to an intraday low of $11.66, however, the bulls stepped in and pushed the price higher to close in the green at $12 with a gain of 2.65% for the day. The total traded volume for the day was 2,554,730. The stock had closed at $11.69 in the previous trading session.
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.