Telsey Advisory Group reiterated their market perform rating on shares of G-III Apparel Group (NASDAQ:GIII – Get Rating) in a research report report published on Monday, Benzinga reports. Telsey Advisory Group currently has a $14.00 price objective on the textile maker’s stock.
A number of other research analysts have also recently commented on the stock. UBS Group reduced their price target on shares of G-III Apparel Group from $22.00 to $16.00 and set a neutral rating on the stock in a research report on Thursday, December 8th. Barclays reduced their price target on shares of G-III Apparel Group from $18.00 to $13.00 and set an equal weight rating on the stock in a research report on Tuesday, December 6th. CL King cut shares of G-III Apparel Group from a buy rating to a neutral rating and reduced their price target for the company from $28.00 to $22.00 in a research report on Thursday, December 1st. StockNews.com cut shares of G-III Apparel Group from a hold rating to a sell rating in a research report on Thursday, December 1st. Finally, Wells Fargo & Company reduced their price target on shares of G-III Apparel Group from $20.00 to $17.00 and set an equal weight rating on the stock in a research report on Thursday, December 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of Hold and an average target price of $19.13.
G-III Apparel Group Trading Down 5.2 %
Shares of GIII opened at $15.02 on Monday. The firm’s 50 day simple moving average is $15.87 and its 200 day simple moving average is $16.72. The company has a market capitalization of $713.30 million, a P/E ratio of 4.17, a P/E/G ratio of 0.31 and a beta of 2.65. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.09 and a quick ratio of 1.68. G-III Apparel Group has a 1-year low of $11.60 and a 1-year high of $31.70.
Institutional Inflows and Outflows
About G-III Apparel Group
G-III Apparel Group Ltd. engages in the designing, sourcing, and marketing of women’s apparel. The firm’s product range includes outerwear, dresses, sportswear, swimwear, women’s suits and performance wear, as well as handbags, footwear, small leather goods, cold weather accessories, and luggage. It operates through the Wholesale and Retail segments.
- Get a free copy of the StockNews.com research report on G-III Apparel Group (GIII)
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