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Five Below Inc (NASDAQ:FIVE) target price raised to $42.00, reported today by Barclays PLC

Yesterday Five Below Inc (NASDAQ:FIVE) traded -1.77% lower at $42.11. The company’s 50-day moving average is $45.35 and its 200-day moving average is $43.61. The last stock close price is down -5.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 73,460 shares of the stock were exchanged, down from an average trading volume of 966,214

Five Below Inc (NASDAQ:FIVE) had its target price raised to $42.00 by Barclays PLC in a report released 09/23/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 9/06/2016, Goldman Sachs reported about Five Below Inc (NASDAQ:FIVE) raised the target price from $0.00 to $42.00. At the time, this indicated a possible downside of -0.03%.

See Chart Below

Five Below Inc (NASDAQ:FIVE)

Five Below Inc has a 52 week low of $26.95 and a 52 week high of $52.70 with a P/E ratio of 36.32 The company’s market cap is currently $0.

In addition to Barclays PLC reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $45.77 with 5 firms rating the stock a strong buy, 4 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Five Below Inc (NASDAQ:FIVE)

Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company's product groups include leisure, fashion and home, and party and snack. Its Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Its Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Its Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. The Company operates approximately 430 locations across over 30 states throughout the Northeast, South and Midwest regions of the United States. The Company's typical store features approximately 4,000 stock-keeping units (SKUs).

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