Impact of Brokerage Rating on Tiffany & Co.(TIF)

Many Tiffany & Co.(TIF) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Tiffany & Co. was Downgraded by Mizuho on Feb 6, 2017 to Neutral, Lowers Price Target to $ 74 from a previous price target of $90 .Tiffany & Co. was Downgraded by HSBC Securities to Hold on Feb 6, 2017. Tiffany & Co. was Downgraded by Atlantic Equities to Neutral on Jan 18, 2017. Tiffany & Co. was Upgraded by Wells Fargo to Market Perform on Jan 13, 2017. Company shares were Reiterated by Telsey Advisory Group on Nov 30, 2016 to Outperform, Raises Price Target to $ 93 from a previous price target of $83 .

Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Andrew W. Hart (SENIOR VICE PRESIDENT) sold 1,367 shares at 77.97 per share price.On Dec 9, 2016, Gross Victoria Berger (SENIOR VICE PRESIDENT) sold 11,000 shares at 85.00 per share price.On Sep 21, 2016, Philippe Galtie (Senior Vice President) sold 482 shares at 72.01 per share price.

Tiffany & Co. Last issued its quarterly earnings results on Nov 29, 2016. The company reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.67. The company had revenue of $949.00 million for the quarter, compared to analysts expectations of $922.52 million. The companys revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Tiffany & Co. (NYSE:TIF) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.06 by 18 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.

Tiffany & Co. (NYSE:TIF) stock has received a short term price target of $ 84.58 from 12 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $8.74. The higher estimate of target price is $102 , while the lower price target estimate is $71

Tiffany & Co. (NYSE:TIF) rose 1.63% or 1.33 points on Tuesday and made its way into the gainers of the day. After trading began at $81.23 the stock was seen hitting $83.24 as a peak level and $81.23 as the lowest level. The stock ended up at $82.96. The daily volume was measured at 1,284,535 shares. The 52-week high of the share price is $85.44 and the 52-week low is $56.985. The company has a market cap of $10,325 million.

Tiffany & Co. designs, manufactures, and retails fine jewelry as well as other branded merchandise. Its jewelry products include fine and solitaire jewelry; engagement rings and wedding bands; and non-gemstone, sterling silver, gold, and metal jewelry. The company also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories. It operates retail stores in the Americas, Asia-Pacific, Japan, Europe and the United Arab Emirates, and also engages in direct selling through Internet, catalog and business gift operations. Tiffany & Co. is headquartered in New York.

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For any feedback and suggestions contact author at Jim.Swaby@thefoundersdaily.com

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