Tiffany & Co. (TIF) Receives Price Target

Tiffany & Co. (TIF) : The highest short term price target forecast on Tiffany & Co. (TIF) is $85 and the lowest target price is $70. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $77.83 with a standard deviation of $4.91.

Tiffany & Co. (TIF) : 6 brokerage houses believe that Tiffany & Co. (TIF) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Tiffany & Co. (TIF). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Buy with a rating of 2.29.


Also, Major Brokerage house, Citigroup maintains its ratings on Tiffany & Co. (NYSE:TIF). In the latest research report, Citigroup raises the target price from $71 per share to $79 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 26, 2016.

Tiffany & Co. (NYSE:TIF): The stock opened at $71.11 on Thursday but the bulls could not build on the opening and the stock topped out at $71.27 for the day. The stock traded down to $70.00 during the day, due to lack of any buying support eventually closed down at $70.37 with a loss of -1.40% for the day. The stock had closed at $71.37 on the previous day. The total traded volume was 2,087,856 shares.

Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.

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