A statement released earlier today by MKM Partners about Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) bumps the target price to $33.00
- Updated: October 14, 2016
Boasting a price of $26.95, Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) traded 2.23% higher on the day. With the last stock price close up 6.01% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ollie's Bargain Outlet Holdings Inc has recorded a 50-day average of $26.21 and a two hundred day average of $25.50. Volume of trade was down over the average, with 340,677 shares of OLLI changing hands under the typical 983,249
MKM Partners bumped up the target of Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) to $33.00 stating a potential upside of 0.22%.
On Saturday September 03, 2016, Zacks Investment Research released a statement for Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) bumped up the target price from $0.00 to $31.00 that suggested an upside of 0.13%.
With a total market value of $0, Ollie's Bargain Outlet Holdings Inc has price-earnings ratio of 35.10 with a one year low of $14.88 and a one year high of $28.72 .
A total of 7 equity analysts have released a ratings update on OLLI. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $22.79.
Brief Synopsis About Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI)
Ollie's Bargain Outlet Holdings, Inc. is a retailer of brand name merchandise. The Company offers deals on closeouts, excess inventory and salvage merchandise. The Company's product offerings include food, such as packaged food, including coffee, bottled non-carbonated beverages, salty snacks, condiments, sauces, spices, dry pasta, canned goods, cereal and cookies; housewares, such as cooking utensils, dishes, appliances, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, frames and giftware; books and stationery, such as novels, business, cooking, inspirational and coffee table books along with digital versatile discs (DVDs), greeting cards and various office supplies and party goods, and bed and bath, such as household goods, including bedding, towels, curtains and associated hardware. It operates approximately 200 stores averaging over 33,000 square feet across approximately 20 contiguous states in the Eastern half of the United States.
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