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Express Inc. (NYSE:EXPR) target price lowered to $6.00, reported today by UBS Securities

Yesterday Express Inc. (NYSE:EXPR) traded -0.32% lower at $6.25. The company’s 50-day moving average is $6.53 and its 200-day moving average is $6.98. The last stock close price is down -9.48% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,101,911 shares of the stock were exchanged, down from an average trading volume of 2,573,000

Express Inc. (NYSE:EXPR) had its target price lowered to $6.00 by UBS Securities in a report released 6/02/2017. The new target price indicates a possible downside of -0.04% based on the company's last stock close price.

Previously on 6/2/2017, BMO Capital Markets reported about Express Inc. (NYSE:EXPR) raised the target price from $0.00 to $7.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Express Inc. (NYSE:EXPR)

Express Inc. has a 52 week low of $5.28 and a 52 week high of $14.39 with a P/E ratio of 27.48 The company’s market cap is currently $0.

In addition to UBS Securities reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $23.41 with 4 firms rating the stock a strong buy, 6 firms rating the stock a buy, 6 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Express Inc. (NYSE:EXPR)

Express, Inc. is a specialty apparel and accessories retailer offering both women's and men's merchandise. The Company targets women and men between 20 and 30 years old. It offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeanswear and going-out occasions. It is engaged in the operation of its brick-and-mortar retail and outlet stores, e-commerce operations and franchise operations. It sells its products through its e-commerce Website, and its mobile application, and has franchise agreements with franchisees that operate Express locations in Latin America. It operated 656 stores across the United States, in Canada and in Puerto Rico, including 104 factory outlet stores, as of January 28, 2017. Its products are created by its in-house design team. Its portfolio of apparel products includes brands, such as Portofino shirt, Editor pant and 1MX shirt.

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