Express (EXPR) : The consensus on Express (EXPR) based on 12 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Express (EXPR) : The highest level Express (EXPR) is projected to reach is $26 for the short term and the lowest estimate is at $14. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $18.32 and the possibility the share price can swing is $3.24.
Express (NYSE:EXPR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.08 and $13.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.25, notching a gain of 0.99% for the day. The total traded volume was 1,423,823 . The stock had closed at $14.11 on the previous day.
Also, Deutsche Bank initiates coverage on Express (NYSE:EXPR) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $25 per share. The rating by the firm was issued on April 26, 2016. The company shares have dropped -24.10% from its 1 Year high price. On Apr 1, 2016, the shares registered one year high at $21.57 and the one year low was seen on May 25, 2016. The 50-Day Moving Average price is $14.75 and the 200 Day Moving Average price is recorded at $17.32.
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.