Zacks Rating on Ascena Retail Group (ASNA)

Ascena Retail Group (ASNA) has an average broker rating of 1.57, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 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 3, which is also a Hold.

Ascena Retail Group (ASNA) stock is expected to deviate a maximum of $3.2 from the average target price of $12.29 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $8.


Shares of Ascena Retail Group Inc. rose by 5.99% in the last five trading days and 11.36% for the last 4 weeks. Ascena Retail Group Inc. is up 27.58% in the last 3-month period. Year-to-Date the stock performance stands at -8.43%. Ascena Retail Group (NASDAQ:ASNA): stock turned positive on Tuesday. Though the stock opened at $8.98, the bulls momentum made the stock top out at $9.115 level for the day. The stock recorded a low of $8.89 and closed the trading day at $9.02, in the green by 0.95%. The total traded volume for the day was 3,068,396. The stock had closed at $8.935 in the previous days trading.

Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.

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