Brilliant Earth Group (NASDAQ:BRLT – Get Rating) had its target price cut by research analysts at Credit Suisse Group from $10.00 to $8.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 104.08% from the company’s previous close.
Several other research analysts also recently weighed in on BRLT. Piper Sandler dropped their target price on shares of Brilliant Earth Group from $7.50 to $6.00 in a report on Thursday. JPMorgan Chase & Co. dropped their price objective on Brilliant Earth Group from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday. Raymond James decreased their target price on Brilliant Earth Group from $9.00 to $7.00 and set an “outperform” rating on the stock in a research note on Thursday. KeyCorp dropped their price target on Brilliant Earth Group from $10.00 to $8.00 and set an “overweight” rating for the company in a research note on Monday, January 30th. Finally, Telsey Advisory Group dropped their price target on Brilliant Earth Group from $12.00 to $8.00 and set an “outperform” rating for the company in a research note on Thursday, March 9th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.50.
Brilliant Earth Group Trading Up 0.8 %
Shares of Brilliant Earth Group stock opened at $3.92 on Thursday. The company’s fifty day simple moving average is $4.91 and its 200-day simple moving average is $5.65. The stock has a market capitalization of $374.36 million, a PE ratio of 19.60 and a beta of 1.83. Brilliant Earth Group has a 1-year low of $3.60 and a 1-year high of $11.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.62 and a quick ratio of 2.10.
Institutional Trading of Brilliant Earth Group
Brilliant Earth Group Company Profile
Brilliant Earth Group, Inc engages in the design, procurement, and retail sale of diamonds, gemstones, and jewelry in the United States and internationally. Its product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry.
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