MKM Partners Analysts Give Express (EXPR) a $6.00 Price Target
Express (NYSE:EXPR) received a $6.00 price objective from investment analysts at MKM Partners in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. MKM Partners’ target price points to a potential downside of 3.07% from the company’s previous close.
Other research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Express from a “buy” rating to a “hold” rating in a report on Tuesday. B. Riley set a $7.00 price objective on shares of Express and gave the company a “hold” rating in a report on Friday, November 30th. Finally, ValuEngine downgraded shares of Express from a “buy” rating to a “hold” rating in a research note on Friday, November 16th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Express has an average rating of “Hold” and an average target price of $8.20.
Shares of EXPR stock opened at $6.19 on Thursday. The company has a market capitalization of $454.23 million, a P/E ratio of 17.19 and a beta of 1.01. Express has a fifty-two week low of $5.66 and a fifty-two week high of $11.69.
A number of institutional investors have recently modified their holdings of the stock. Sun Life Financial INC purchased a new stake in shares of Express during the 2nd quarter worth approximately $118,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Express during the 2nd quarter worth approximately $146,000. Pacer Advisors Inc. raised its position in Express by 215.2% in the 3rd quarter. Pacer Advisors Inc. now owns 15,931 shares of the company’s stock valued at $176,000 after purchasing an additional 10,876 shares during the last quarter. Kessler Investment Group LLC purchased a new stake in Express in the 3rd quarter valued at $179,000. Finally, United Services Automobile Association raised its position in Express by 54.1% in the 2nd quarter. United Services Automobile Association now owns 24,266 shares of the company’s stock valued at $222,000 after purchasing an additional 8,521 shares during the last quarter.
Express, Inc operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America.
See Also: Preferred Stock
Receive News & Ratings for Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express and related companies with MarketBeat.com's FREE daily email newsletter.