A statement released earlier today by Stifel about Conn's (NASDAQ:CONN) raises the target price to $16.00
- Updated: September 25, 2016
Yesterday Conn's (NASDAQ:CONN) traded -1.97% lower at $10.16. Conn's’s 50-day moving average is $7.93 and its 200-day moving average is $10.10. With the last close up 13.22% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 756,203 shares of the stock were exchanged, down from an avg. volume of 817,897
In a report issued 9/21/2016 Stifel bumped up the target of Conn's (NASDAQ:CONN) to $16.00 reporting a potential upside of 0.57%.
With a total market value of $0, Conn's has with a 52 week low of $6.54 and a 52 week high of $28.00 .
In addition to Stifel reporting its stock price target, a total of 3 brokerages have issued a ratings update on Conn's. The 12-month price target is $13.17 with one brokerage rating the company a strong buy, two brokerages rating the company a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Conn's (NASDAQ:CONN)
Conn's, Inc. is a specialty retailer that offers a selection of consumer goods and related services in addition to a credit solution for its core credit constrained consumers. The Company operates through two segments: retail and credit. The Retail segment includes product categories, such as furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom; home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges; Consumer electronics, including liquid-crystal-display (LED), organic LED (OLED), Ultra high definition (HD) and Internet-ready televisions, and home office, including computers, printers and accessories. Its credit segment provides short- and medium-term financing for its retail customers. Its credit offering provides financing solutions to credit constrained consumers having limited banking options. The Company operates its business through its retail stores and Website.
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