Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Rating) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Wednesday.
Several other research firms have also recently weighed in on OLLI. Loop Capital dropped their price objective on shares of Ollie’s Bargain Outlet from $50.00 to $45.00 in a research report on Thursday, December 8th. Truist Financial lowered their target price on shares of Ollie’s Bargain Outlet from $50.00 to $46.00 in a report on Thursday, December 8th. Craig Hallum lowered their target price on shares of Ollie’s Bargain Outlet from $70.00 to $65.00 in a report on Thursday, December 8th. Jefferies Financial Group lowered their target price on shares of Ollie’s Bargain Outlet from $65.00 to $60.00 in a report on Thursday, December 8th. Finally, UBS Group lowered their target price on shares of Ollie’s Bargain Outlet to $54.00 in a report on Monday, December 12th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.67.
Ollie’s Bargain Outlet Price Performance
OLLI stock opened at $52.23 on Wednesday. The company has a 50 day moving average price of $55.17 and a 200 day moving average price of $54.63. Ollie’s Bargain Outlet has a fifty-two week low of $39.60 and a fifty-two week high of $72.27. The stock has a market capitalization of $3.25 billion, a PE ratio of 34.82, a price-to-earnings-growth ratio of 1.84 and a beta of 0.96.
Hedge Funds Weigh In On Ollie’s Bargain Outlet
Ollie’s Bargain Outlet Company Profile
Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.
- Get a free copy of the StockNews.com research report on Ollie’s Bargain Outlet (OLLI)
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