Chicos FAS (CHS) : 5 brokerage houses believe that Chicos FAS (CHS) is a Strong Buy at current levels. 11 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chicos FAS (CHS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.38.
Chicos FAS (CHS) : The highest level Chicos FAS (CHS) is projected to reach is $17 for the short term and the lowest estimate is at $11. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $12.83 and the possibility the share price can swing is $1.7.
Company shares have received an average consensus rating of Hold for the current week
Chicos FAS (NYSE:CHS): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.60 and $11.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.80, notching a gain of 2.16% for the day. The total traded volume was 1,434,930 . The stock had closed at $11.55 on the previous day.
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.