CLSA announced Tiffany & Co (NYSE:TIF), boosting its stock price target to $80.00 today
- Updated: September 29, 2016
In a report released on 9/29/2016 CLSA increased the stock price target of Tiffany & Co (NYSE:TIF) to $80.00 reporting a possible upside of 0.12%.
Previously on 9/28/2016, Credit Agricole SA released a statement about Tiffany & Co (NYSE:TIF) increased the target price from $0.00 to $80.00. At the time, this indicated a possible upside of 0.12%.
Just yesterday Tiffany & Co (NYSE:TIF) traded -0.63% lower at $71.20. Tiffany & Co’s 50-day moving average is $69.76 and its 200-day moving average is $66.95. The last stock price is up 6.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 993,147 shares of the stock were exchanged, down from an avg. volume of 1,898,340
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Tiffany & Co has a P/E ratio of 20.31 with a 52 week low of $56.99 and a 52 week high of $84.19 The company’s market cap is currently $0.
Also covering Tiffany & Co's price target, a total of 21 brokers have issued a research note on the stock. The consensus target price is $81.38 with 4 firms rating the company a strong buy, ten equity analysts rating the company a buy, eleven analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Tiffany & Co (NYSE:TIF)
Tiffany & Co. is a holding company that operates through its subsidiary companies. The Company's principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company's segments include Americas, Asia-Pacific, Japan, Europe and Other. The Americas segment includes sale in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America. The Asia-Pacific segment includes over 80 Company-operated TIFFANY & CO. stores in China, Korea, Hong Kong, Taiwan, Australia, Singapore, Macau, Malaysia and Thailand. The Japan segment includes approximately 60 Company-operated TIFFANY & CO. stores. The retail sales in Europe are transacted in over 40 Company-operated TIFFANY & CO. stores. The Other segment includes retail sales and wholesale distribution; wholesale sales of diamonds, and licensing agreements.
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