Tumi Holdings (TUMI) : Analyst Rating Update

Tumi Holdings (TUMI) : 5 analysts are covering Tumi Holdings (TUMI) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Tumi Holdings (TUMI) : Currently there are 3 street experts covering Tumi Holdings (TUMI) stock. The most bullish and bearish price target for the stock is $27 and $26 respectively for the short term. The average price target of all the analysts comes to $26.5. The estimated standard deviation from the target is $0.43.

Tumi Holdings (NYSE:TUMI): The stock opened at $26.73 on Wednesday but the bulls could not build on the opening and the stock topped out at $26.79 for the day. The stock traded down to $26.72 during the day, due to lack of any buying support eventually closed down at $26.74 with a loss of -0.07% for the day. The stock had closed at $26.76 on the previous day. The total traded volume was 2,271,552 shares.

The company shares have rallied 30.09% from its 1 Year high price. On Mar 3, 2016, the shares registered one year high at $27.84 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $26.73 and the 200 Day Moving Average price is recorded at $23.25.

Tumi Holdings, Inc. (Tumi) offers a line of travel and business products and accessories in multiple categories. The Company operates in four segments including: Direct-to-Consumer North America, Indirect-to-Consumer North America, Direct-to-Consumer International and Indirect-to-Consumer International. Tumi designs its products for and markets its products to professionals, travelers and individuals. It distributes its products globally in over 75 countries through approximately 1,800 points of distribution. It uses retail wholesale and electronic commerce channels. Tumis retail stores are located throughout the world including New York, Beverly Hills, San Francisco, Chicago, Paris, London, Rome, Tokyo, Munich, Moscow, Hong Kong, Shanghai, Beijing, Milan and Barcelona. Its production is sourced globally through a network of suppliers based in Asia, Italy and the Caribbean.

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