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A statement released earlier today by Telsey Advisory Group about Pier 1 Imports Inc. (NYSE:PIR) bumps the target price to $5.00

Reporting a possible upside of 0.17%, Telsey Advisory Group bumped up the target price of Pier 1 Imports Inc. (NYSE:PIR) to $5.00

Boasting a price of $4.27, Pier 1 Imports Inc. (NYSE:PIR) traded -5.15% lower on the day. With the last close down -22.59% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Pier 1 Imports Inc. has recorded a 50-day average of $4.40 and a two hundred day average of $5.48. Trade Volume was up over the average, with 4,421,295 shares of PIR changing hands over the typical 2,742,150

Recent Performance Chart

Pier 1 Imports Inc. (NYSE:PIR)

Pier 1 Imports Inc. has 52 week low of $3.73 and a 52 week high of $8.23 with a P/E ratio of 17.82 and has a market cap of $0.

In addition to Telsey Advisory Group reporting its stock price target, a total of 13 equity analysts have released a ratings update on the stock. The consensus target price is $6.10 with two analysts rating the stock a strong buy, 1 brokerage rating the company a buy, 12 firms rating the stock a hold, four equity analysts rating the company a underperform, and lastly one analyst rating the company a sell.

General Company Details For Pier 1 Imports Inc. (NYSE:PIR)

Pier 1 Imports, Inc. is an importer of home decor and furniture. The Company's operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company's categories of merchandise include decorative accessories and furniture. The decorative accessories category includes decorative accents and textiles, such as rugs, wall decorations and mirrors, candles, fragrance, gifts and seasonal items. The furniture category includes furniture and furniture cushions to be used in living, dining, office, sunrooms and patios. This merchandise group is generally made of metal or handcrafted natural materials, including rattan, pine, acacia, oak and other woods with either natural, stained, painted or upholstered finishes.

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