Sunday, September 28, 2014

Kate Spade & Co Receives Mediocre Recommendation of “Buy” from Industry analysts (NASDAQ: KATE)

Shares of Kate Spade iPhone 5 case & Co (NASDAQ: KATE) have received a consensus recommendation among "Buy" from the eight analysts who definitely are covering the stock, American Banking News flash reports. Two research analysts rate the stock with a hold tip and five have given an absolute buy recommendation to the company. More often than not, a 12-month target price among agents that have updated their coverage with a stock in the last year is $40. 01.

Kate Spade Case for iPhone 5 Paint Swatches

KATE has been the subject of a quantity of recent research reports. Analysts towards Wunderlich initiated coverage on dispenses of Kate Spade iPhone 5 & C in a research note on The 23rd. They set a "buy" taraf and a $36. 00 price guide on the stock. Separately, analysts towards Zacks downgraded shares of Kate Spade & Co from an "outperform" rating to a "neutral" rating the actual research note on Friday, The month of september 12th. They now have a $36. a dozen price target on the stock. Definitely, analysts at Zacks upgraded dispenses of Kate Spade & C from a "neutral" rating to an "outperform" rating in a research note entirely on Thursday, August 14th. They now have a very good $32. 80 price target with a stock.

Shares of Kate Spade & Co (NASDAQ: KATE) dealt up 0. 10% during middle day trading on Wednesday, hitting $30. 51. The stock had a promoting volume of 231, 558 shares. Kate Spade & Co has a 365 day low of $22. 99 together with a 1-year high of $42. 87. An stock has a 50-day moving avg. of $33. and a 200-day active average of $35. 92. Enterprise has a market cap of $3. 872 billion and a P/E gesunder menschenverstand (umgangssprachlich) of 18. 47.

Kate Spade & Co (NASDAQ: KATE) finalized posted its quarterly earnings serps on Tuesday, August 12th. Enterprise reported $0. 05 earnings for every share (EPS) for the quarter, lines the consensus estimate of ($0. 01) by $0. 06. Enterprise had revenue of $266. 00 million for the quarter, compared to the opinion estimate of $237. 83 hundred. Analysts expect that Kate Spade & Co will post $0. 27 EPS for the current acusica year.

Kate Spade & C, formerly Fifth & Pacific Reputable companies Inc, designs and markets an absolute portfolio of retail-based, premium types, including JUICY COUTURE, KATE SPADE and LUCKY BRAND.

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