Conns (CONN) Receives Analyst Rating

Conns (CONN) : 6 analysts are covering Conns (CONN) and their average rating on the stock is 2.33, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Conns (CONN) : Currently there are 2 street experts covering Conns (CONN) stock. The most bullish and bearish price target for the stock is $11 and $9 respectively for the short term. The average price target of all the analysts comes to $9.75. The estimated standard deviation from the target is $1.77.


Also, Major Brokerage house, Piper Jaffray downgrades its ratings on Conns (NASDAQ:CONN). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 3, 2016.

Conns (NASDAQ:CONN): After opening at $9.16, the stock dipped to an intraday low of $9.03 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $9.77 and the buying power remained strong till the end. The stock closed at $9.6 for the day, a gain of 4.80% for the day session. The total traded volume was 918,064. The stocks close on the previous trading day was $9.16.

Conns, Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses, home appliances, consumer electronics and home office products. The Companys retail stores bear the Conns or Conns HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.

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