Tiffany & Co. (TIF) Receives ‘Analyst’ Rating

Tiffany & Co. (TIF) : Zacks Investment Research ranks Tiffany & Co. (TIF) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.29, which indicates as a Buy.

Tiffany & Co. (TIF) : The highest level Tiffany & Co. (TIF) is projected to reach is $85 for the short term and the lowest estimate is at $70. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $77.83 and the possibility the share price can swing is $4.91.


Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Tiffany & Co. (NYSE:TIF). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $71 per share to $79 per share. The rating by the firm was issued on August 26, 2016.

Tiffany & Co. (NYSE:TIF): After opening at $70.19, the stock dipped to an intraday low of $69.52 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.92 and the buying power remained strong till the end. The stock closed at $72.66 for the day, a gain of 3.36% for the day session. The total traded volume was 3,991,333. The stocks close on the previous trading day was $70.3.

Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.

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