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CLSA announced G-III Apparel Group (NASDAQ:GIII), bumping up its stock price target to $34.00 today

Having a price of $28.67, G-III Apparel Group (NASDAQ:GIII) traded -1.44% lower on the day. With the last stock price down -32.21% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $35.63 and a 200-day moving average of $42.29. Volume of trade was down over the average, with 604,990 shares of GIII changing hands under the typical 823,441

In a report released on 09/28/2016 CLSA increased the stock price target of G-III Apparel Group (NASDAQ:GIII) to $34.00 reporting a potential upside of 0.19%.

Performance Chart

G-III Apparel Group (NASDAQ:GIII)

With a total market value of $0, G-III Apparel Group has price-earnings ratio of 13.94 with a one year low of $28.26 and a one year high of $69.26 .

A total of 7 analysts have released a research note on GIII. Two analysts rating the company a strong buy, five analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $53.43.

More About G-III Apparel Group (NASDAQ:GIII)

G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations, which consists of its licensed products and non-licensed products, and includes sales of products under brands licensed by the Company from third parties, as well as sales of products under its own brands and private label brands, and retail operations, which consists of the Wilsons Leather and G.H. Bass stores, as well as a limited number of Calvin Klein Performance stores. Its apparel products include outerwear, dresses, sportswear and swimwear, as well as women's handbags, footwear and luggage. It sells products under its own brands, including Vilebrequin, G.H. Bass, Bass, Andrew Marc and Marc New York; licensed brands, and private retail labels. Its products are sold through retailers, such as Macy's, Bloomingdale's, Nordstrom, Lord & Taylor, Dillard's, The Bon-Ton Stores, Saks Fifth Avenue and JC Penney.

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