Ollies Bargain Outlet Holdings (OLLI) : 7 analysts are covering Ollies Bargain Outlet Holdings (OLLI) and their average rating on the stock is 1.43, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Ollies Bargain Outlet Holdings (OLLI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. 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 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Ollies Bargain Outlet Holdings (OLLI) : The consensus price target for Ollies Bargain Outlet Holdings (OLLI) is $30.67 for the short term with a standard deviation of $2.5. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $26.
For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies maintains its view on Ollies Bargain Outlet Holdings (NASDAQ:OLLI) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Jefferies raises the price target from $30 per share to $31 per share on Ollies Bargain Outlet Holdings . The rating by the firm was issued on September 1, 2016.
Ollies Bargain Outlet Holdings (NASDAQ:OLLI): stock was range-bound between the intraday low of $26.01 and the intraday high of $26.9 after having opened at $26.88 on Wednesdays session. The stock finally closed in the red at $26.88, a loss of -3.20%. The stock remained in the red for the whole trading day. The total traded volume was 6,843,445 shares. The stock failed to cross $26.9 in Wednesdays trading. The stocks closing price on Thursday was $27.21.
Ollies Bargain Outlet Holdings, Inc. is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollies Bargain Outlet, Inc., offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware. It offers products under various brands, such as Ollies, Ollies Bargain Outlet, Ollies Army, Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states, including Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. It owns several domain names, including www.ollies.us, www.olliesbargainoutlet.com, www.olliesarmy.com, www.ollies.cheap, www.sarasotabreeze.com and www.olliesmail.com.