Breaking Finance News

A statement released earlier today by Barclays about Five Below (NASDAQ:FIVE) raises the target price to $42.00

Five Below (NASDAQ:FIVE) had its price target upped to $42.00 by Barclays in an issued report issued 9/23/2016. The upped target suggests steady performance relative to the company's previous stock price.

Previously on 9/6/2016, Goldman Sachs released a statement about Five Below (NASDAQ:FIVE) increased the target price from $0.00 to $42.00. At the time, this indicated a possible downside of -0.03%.

Just yesterday Five Below (NASDAQ:FIVE) traded -1.77% lower at $42.11. Five Below’s 50-day moving average is $45.35 and its 200-day moving average is $43.61. The last stock price is down -5.14% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 73,460 shares of FIVE traded hands, down from an average trading volume of 966,214

Recent Performance Chart

Five Below (NASDAQ:FIVE)

Five Below has 52 week low of $26.95 and a 52 week high of $52.70 with a PE ratio of 36.32 and has a market capitalization of $0.

In addition to Barclays reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is $45.77 with 5 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Five Below (NASDAQ:FIVE)

Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company's product groups include leisure, fashion and home, and party and snack. Its Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Its Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Its Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. The Company operates approximately 430 locations across over 30 states throughout the Northeast, South and Midwest regions of the United States. The Company's typical store features approximately 4,000 stock-keeping units (SKUs).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.