Analysts at StockNews.com initiated coverage on shares of Capri (NYSE:CPRI – Get Rating) in a research report issued to clients and investors on Thursday. The brokerage set a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the company. Morgan Stanley reiterated an “overweight” rating and issued a $55.00 target price (down from $58.00) on shares of Capri in a research note on Thursday, February 9th. JPMorgan Chase & Co. upped their price target on Capri from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, January 23rd. TheStreet upgraded Capri from a “c+” rating to a “b-” rating in a research report on Friday, February 10th. Cowen lowered Capri from an “outperform” rating to a “market perform” rating and cut their price target for the company from $70.00 to $55.00 in a research note on Monday, February 13th. Finally, Cowen lowered Capri from an “outperform” rating to a “market perform” rating and cut their target price for the company from $70.00 to $55.00 in a research note on Monday, February 13th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $59.07.
Capri Trading Up 3.5 %
Shares of CPRI stock opened at $40.45 on Thursday. Capri has a twelve month low of $36.40 and a twelve month high of $69.25. The firm has a 50-day moving average price of $42.49 and a 200 day moving average price of $51.12. The company has a current ratio of 1.34, a quick ratio of 0.57 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $5.08 billion, a price-to-earnings ratio of 7.65, a PEG ratio of 1.04 and a beta of 2.27.
Hedge Funds Weigh In On Capri
Capri Holdings Ltd. operates as a global fashion luxury group. It engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women’s apparel and accessories and men’s apparel. The firm operates through the following segments: Versace, Jimmy Choo, and Michael Kors.
- Get a free copy of the StockNews.com research report on Capri (CPRI)
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