Analyst Rating Update on Conns (CONN)

Conns (NASDAQ:CONN) : Zacks Investment Research ranks Conns (NASDAQ:CONN) as 5, which is a Strong Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.33, which indicates as a Buy.

Conns (NASDAQ:CONN) : The highest short term price target forecast on Conns (NASDAQ:CONN) is $22 and the lowest target price is $9. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $15.17 with a standard deviation of $6.75.

Company shares have received an average consensus rating of Hold for the current week

Conns (NASDAQ:CONN): stock turned positive on Tuesday. Though the stock opened at $7.32, the bulls momentum made the stock top out at $7.5498 level for the day. The stock recorded a low of $7.11 and closed the trading day at $7.32, in the green by 6.55%. The total traded volume for the day was 749,649. The stock had closed at $6.87 in the previous days trading.

In an insider trading activity, Martin Douglas H, director 10% owner of Conns Inc had purchased 21,077 shares on January 8, 2016 in a transaction. The price per share was $16.21 and the total amount of the disclosed transaction was $341,658.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Conns, Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses, home appliances, consumer electronics and home office products. The Companys retail stores bear the Conns or Conns HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.

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