Oxford Industries Inc (OXM) is Reiterated by Wunderlich to Buy, Lowers Price Target to $ 80

Oxford Industries Inc (OXM) was Reiterated by Wunderlich to “Buy” while Lowering the Price Target of the company shares to $ 80 from a previous price target of $100 . Wunderlich advised their investors in a research report released on Jun 8, 2016.

Many Wall Street Analysts have commented on Oxford Industries Inc. Shares were Reiterated by Telsey Advisory Group on Jun 8, 2016 to “Outperform” and Lowered the Price Target to $ 73 from a previous price target of $80 .Company shares were Reiterated by Telsey Advisory Group on Apr 21, 2016 to “Outperform”, Firm has raised the Price Target to $ 80 from a previous price target of $75 .Telsey Advisory Group Initiated Oxford Industries Inc on Apr 11, 2016 to “Outperform”, Price Target of the shares are set at $75.

On the company’s financial health, Oxford Industries Inc reported $1.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Jun 7, 2016. Analyst had a consensus of $1.33. The company had revenue of $256.24 million for the quarter, compared to analysts expectations of $270.68 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 EPS.

Oxford Industries Inc closed down -0.31 points or -0.47% at $65.13 with 1,77,765 shares getting traded on Tuesday. Post opening the session at $65.17, the shares hit an intraday low of $64.45 and an intraday high of $65.42 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Jun 12, 2015, Terry R Pillow (CEO, TOMMY BAHAMA GROUP) sold 5,000 shares at $86.08 per share price.

Oxford Industries Inc. is a global apparel company. The Company designs sources markets and distributes products bearing the trademarks of its owned lifestyle brands as well as certain licensed and private label apparel products. The Company’s portfolio of brands includes Tommy Bahama Lilly Pulitzer and Ben Sherman. It distributes its own lifestyle branded products through its direct to consumer channel consisting of its retail stores and e-commerce sites and its wholesale distribution channel which includes better department stores and specialty stores. In addition to operating e-commerce Websites for each of its lifestyle brands as of January 31 2015 the Company operated 157 Tommy Bahama 28 Lilly Pulitzer and 21 Ben Sherman retail locations including outlet locations for Tommy Bahama and Ben Sherman. The Company’s business is primarily operated through its operating groups: Tommy Bahama Lilly Pulitzer Lanier Clothes and Ben Sherman.

Oxford Industries Inc

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