Brokerage Firm Rating Update on Buckle (The) (BKE)

Buckle (The) (BKE) : The consensus on Buckle (The) (BKE) based on 4 analyst recommendation on the company stock is 4, which is interpreted as a Sell recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Buckle (The) (BKE) : The highest short term price target forecast on Buckle (The) (BKE) is $23 and the lowest target price is $22. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $22.33 with a standard deviation of $0.58.


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

Buckle (The) (NYSE:BKE): The stock opened at $24.38 and touched an intraday high of $24.51 on Wednesday. During the day, the stock corrected to an intraday low of $24.01, however, the bulls stepped in and pushed the price higher to close in the green at $24.5 with a gain of 0.74% for the day. The total traded volume for the day was 317,586. The stock had closed at $24.32 in the previous trading session.

The Buckle, Inc. is a retailer of casual apparel, footwear and accessories for young men and women. As of March 26, 2015, the Company operated 462 retail stores in 44 states of the United States under the names of Buckle and The Buckle. The existing stores are in four downtown locations, nine strip centers, 56 lifestyle centers, and 393 shopping malls. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories and footwear. The Company provides customer services, such as free hemming, free gift-wrapping, easy layaways, the Buckle private label credit card and a frequent shopper program. The Company offers denims from brands, such as Big Star Vintage, Miss Me, Rock Revival, Silver Jeans and Buffalo Jeans. Other brands include Hurley, Billabong, Roxy, Affliction, American Fighter, Sinful, Obey, Roar, RVCA, Salvage, Society, Fox, Oakley, Bench, Corral, Reef, Young & Reckless, 7 Diamonds and Fossil.

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