Ascena Retail Group Inc (NASDAQ:ASNA) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded Ascena Retail Group Inc (NASDAQ:ASNA) to Sell in a statement released on 11/29/2016.
Having a price of $6.40, Ascena Retail Group Inc (NASDAQ:ASNA) traded -4.22% lower on the day. With the last stock price down -10.92% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. ASNA has recorded a 50-day average of $5.51 and a two hundred day average of $6.88. Trade Volume was down over the average, with 3,655,691 shares of ASNA changing hands under the typical 4,633,360
Recent Performance Chart
Ascena Retail Group Inc has with a one year low of $4.68 and a one year high of $12.85 and has a market capitalization of $0.
A total of 12 brokerages have issued a ratings update on Ascena Retail Group Inc. Four brokerages rating the company a strong buy, four brokerages rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $11.58.
General Company Details For Ascena Retail Group Inc (NASDAQ:ASNA)
Ascena Retail Group, Inc. is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. The Justice segment offers apparel to girls who are aged 6 to 12. The Lane Bryant segment offers apparel to female customers in plus-sizes 14-28. The maurices segment offers women's casual clothing, career wear, dressy apparel, active wear and accessories. The dressbarn segment consists of the specialty retail, outlet and e-commerce operations of the dressbarn brand. The Catherines segment offers classic apparel and accessories to female customers for wear-to-work and casual lifestyles. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States' states, the District of Columbia, Canada and Puerto Rico.
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.