PVH (PVH) Receives Price Target

PVH (PVH) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $128 and the lowest price target forecast is $85. The average forecast of all the analysts is $115.27 and the expected standard deviation is $15.28.

PVH (PVH) : Zacks Investment Research ranks PVH (PVH) as 2, which is a Buy recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 1.55, which indicates as a Buy.


Also, Citigroup maintains its rating on PVH (NYSE:PVH). The global brokerage major raises the current price target from $96 per share to $110 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on August 26, 2016.

PVH (NYSE:PVH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $107.84 and $107.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $108.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $108.18, notching a gain of 0.39% for the day. The total traded volume was 750,109 . The stock had closed at $107.76 on the previous day.

PVH Corp. is an apparel company. The Companys brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warners, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands. It designs and markets branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products and, to a lesser extent, handbags, footwear and other related products. It manages its operations through its operating divisions, which are presented as six segments: Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale, and Heritage Brands Retail.

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