Zacks Rating on Hanesbrands (HBI)

Hanesbrands (HBI) : 10 analysts are covering Hanesbrands (HBI) and their average rating on the stock is 1.45, which is read as a Strong Buy. 7 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. Hanesbrands (HBI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. 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 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Hanesbrands (HBI) : The consensus price target for Hanesbrands (HBI) is $35.13 for the short term with a standard deviation of $3.31. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $29.


Shares of Hanesbrands Inc. rose by 2.36% in the last five trading days and 3.96% for the last 4 weeks. Hanesbrands Inc. is up 4.19% in the last 3-month period. Year-to-Date the stock performance stands at -4.35%. Hanesbrands (NYSE:HBI): stock turned positive on Tuesday. Though the stock opened at $27.79, the bulls momentum made the stock top out at $27.88 level for the day. The stock recorded a low of $27.51 and closed the trading day at $27.8, in the green by 0.36%. The total traded volume for the day was 2,272,975. The stock had closed at $27.7 in the previous days trading.

Hanesbrands Inc. is a manufacturer and marketer of apparel. The Company operates through four segments: Innerwear, Activewear, Direct to Consumer and International. The Companys innerwear and activewear apparel brands include Hanes, Champion, Bali, Playtex, Maidenform, JMS/Just My Size, Leggs, Flexees, barely there, Wonderbra, Gear for Sports and Lilyette. Its international brands also include DIM, Nur Die/Nur Der, Zorba, Rinbros and Shock Absorber, among others. The Companys Innerwear segment focuses on apparel products, such as intimate apparel, mens underwear, childrens underwear and socks. In the activewear market, it sells products, such as T-shirts and fleece to both retailers and wholesalers. Its Direct to Consumer operations include its domestic Company-operated outlet stores, catalogs and Website operations that sell its branded products to consumers in the United States. The Companys international markets are Europe, Canada, Japan, Mexico, Brazil and Australia.

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