Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Rating) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.
Other equities research analysts have also issued reports about the company. Wells Fargo & Company raised their price objective on Ollie’s Bargain Outlet from $60.00 to $67.00 and gave the stock an “overweight” rating in a research note on Monday, February 6th. Piper Sandler increased their target price on Ollie’s Bargain Outlet from $60.00 to $72.00 and gave the company an “overweight” rating in a report on Tuesday, February 28th. Jefferies Financial Group reduced their target price on Ollie’s Bargain Outlet from $65.00 to $60.00 in a report on Thursday, December 8th. UBS Group reduced their target price on Ollie’s Bargain Outlet to $54.00 in a report on Monday, December 12th. Finally, Citigroup reduced their target price on Ollie’s Bargain Outlet from $55.00 to $52.00 and set a “neutral” rating for the company in a report on Thursday, December 8th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $60.67.
Ollie’s Bargain Outlet Stock Down 1.0 %
OLLI opened at $52.23 on Wednesday. The firm has a market cap of $3.25 billion, a PE ratio of 34.82, a P/E/G ratio of 1.84 and a beta of 0.96. The business has a fifty day simple moving average of $55.17 and a 200-day simple moving average 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.
Institutional Trading of 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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