Express (NYSE:EXPR) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.11 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Several brokerage firms have commented on the stock rating. In the latest statement by the brokerage house, BlueFin Research maintains its outlook on Express (NYSE:EXPR). The current rating of the shares is Market Outperform, according to the research report released by the firm. The brokerage firm raises the price target from $22 per share to $26 per share. The rating by the firm was issued on March 23, 2016.
Express (NYSE:EXPR): 9 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $23.72 in Express (NYSE:EXPR). However, the stock price could fluctuate by $ 3.03 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $28 price target with the lower price estimate is calculated at $20
Express (NYSE:EXPR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.38% or 0.29 points. After the session commenced at $20.81, the stock reached the higher end at $21.035 while it hit a low of $20.68. With the volume soaring to 1,289,413 shares, the last trade was called at $20.68. The company has a 52-week high of $21.57. The company has a market cap of $1,624 million and there are 78,506,086 shares in outstanding. The 52-week low of the share price is $15.53.
Express Inc. has dropped 2.18% in the last five trading days, however, the shares have posted positive gains of 11.78% in the last 4 weeks. Express Inc. is up 16.18% in the last 3-month period. Year-to-Date the stock performance stands at 19.68%.
Express, Inc. is a specialty apparel and accessories retailer offering both womens and mens merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. The Company operates one segment, which includes the operation of its brick-and-mortar retail and outlet stores, e-commerce operations and franchise operations. The Company sells its products through its e-commerce Website, www.express.com, and has franchise agreements with franchisees that operate Express locations in Latin America, the Middle East and South Africa. The Company operates approximately 641 stores across the United States, in Canada and in Puerto Rico, including 41 factory outlet stores.