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Citi Trends, Inc. (NASDAQ:CTRN) target price raised to $22.00, reported today by Zacks Investment Research

Just yesterday Citi Trends, Inc. (NASDAQ:CTRN) traded 0.64% lower at $19.47. The company’s 50-day average is $18.46 and its 200-day average is $17.45. The last stock price close is up 14.97% relative to the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. 144,553 shares of CTRN were exchanged, up from ann average trading volume of 76,653.

Zacks Investment Research bumped the estimated target of Citi Trends, Inc. (NASDAQ:CTRN) to $22, stating a possible upside of 0.13%,

On 5/19/2016, Suntrust Robinson released a statement on Citi Trends, Inc.(NASDAQ:CTRN) dropped the target price from $19.00 to $16.00 that suggested an upside of 0.06%.

Recent Performance Graphic:

Citi Trends, Inc. (NASDAQ:CTRN)

A total of 3 equity analysts have released a ratings update on CTRN. Zero rate the company a strong buy, 0 rate the stock a buy, three analyts rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with a consensus target of $18.33

With a market cap of $0.0, Citi Trends, Inc. has a 52 week low of $14.01 and a one-year high of $27.75 with a PE ratio of 23.

About Citi Trends, Inc. (NASDAQ:CTRN)

Citi Trends, Inc. is a retailer of urban fashion apparel and accessories. The Company’s segment is retail operations. The Company operates approximately 520 stores in both urban and rural markets in over 30 states. The Company offers products under its brands, such as Citi Steps and Red Ape. The Company’s merchandise includes apparel, accessories and home. Within apparel, the Company offers fashion sportswear for men, women and children, including offerings for newborns, infants, toddlers, boys and girls. Accessories include handbags, jewelry, footwear, belts, intimate apparel, scrubs and sleepwear. The Company’s home merchandise includes decorative home product, functional home product, beauty, books, toys and electronic accessories. The Company sources its merchandise from approximately 1, 700 vendors, and consisting of domestic manufacturers and importers.

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