Kate Spade & Company (NYSE:KATE) target bumped up to $21.00, released a ratings update earlier today by CLSA
- Updated: September 28, 2016
Reporting a potential upside of 0.19%, CLSA upped the price target of Kate Spade & Company (NYSE:KATE) to $21.00
On Wednesday September 21, 2016, Vetr Inc. released a statement on Kate Spade & Company (NYSE:KATE) upped the target price from $0.00 to $20.75 that suggested an upside of 0.11%.
Having a price of $17.65, Kate Spade & Company (NYSE:KATE) traded -2.32% lower on the day. With the last close down -17.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Kate Spade & Company has recorded a 50-day average of $18.72 and a two hundred day average of $21.52. Volume of trade was down over the average, with 2,124,886 shares of KATE changing hands under the typical 2,701,060
With a total market value of $0, Kate Spade & Company has price-earnings ratio of 22.09 with a one year low of $15.10 and a one year high of $26.46 .
A total of 16 analysts have released a research note on Kate Spade & Company. Eight analysts rating the company a strong buy, six analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $28.50.
More About Kate Spade & Company (NYSE:KATE)
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments, which include KATE SPADE North America, KATE SPADE International and Adelington Design Group. The KATE SPADE North America segment consists of the Company's kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company's kate spade new york and JACK SPADE brands in International markets (principally in Japan, Asia (excluding Japan), Europe and Latin America). The Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands, and the licensed LIZWEAR and LIZ CLAIBORNE NEW YORK brands. It operates retail stores under the kate spade new york trademark, consisting of retail stores within the United States and outside the United States (primarily in Japan, Europe and Canada). It also operates outlet and concession stores.
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