J.Jill’s (JILL) Market Perform Rating Reaffirmed at Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reiterated by equities research analysts at Telsey Advisory Group in a research note issued on Tuesday,Benzinga reports. They currently have a $16.00 price target on the specialty retailer’s stock. Telsey Advisory Group’s price target suggests a potential upside of 6.23% from the stock’s previous close.

JILL has been the topic of a number of other research reports. TD Cowen restated a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. BTIG Research lowered their target price on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a report on Thursday, January 22nd. Jefferies Financial Group set a $18.00 target price on J.Jill in a report on Wednesday, December 10th. Finally, Wall Street Zen raised shares of J.Jill from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.00.

J.Jill Trading Up 0.8%

Shares of NYSE JILL opened at $15.06 on Tuesday. The company has a market cap of $227.65 million, a PE ratio of 6.88 and a beta of 0.92. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average of $16.37 and a two-hundred day moving average of $15.86. J.Jill has a 1-year low of $13.32 and a 1-year high of $20.10.

Hedge Funds Weigh In On J.Jill

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its position in J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares during the last quarter. State of Alaska Department of Revenue bought a new position in J.Jill during the fourth quarter worth $56,000. Rhumbline Advisers lifted its stake in shares of J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after purchasing an additional 829 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of J.Jill by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock worth $113,000 after buying an additional 2,595 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of J.Jill during the 4th quarter worth about $150,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

J.Jill Company Profile

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.