Breaking Finance News

KeyCorp downgraded Vera Bradley, Inc. (NASDAQ:VRA) to Overweight in a report released today.

Just yesterday Vera Bradley, Inc. (NASDAQ:VRA) traded -0.61% lower at $15.26. Vera Bradley, Inc.’s 50-day moving average is $15.56 and its 200-day moving average is $15.78. With the last stock price close down -6.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was up over the average, with 385,677 shares of VRA changing hands over the typical 253,669

KeyCorp has downgraded Vera Bradley, Inc. (NASDAQ:VRA) to Overweight in a report released on Wednesday October 05, 2016.

See Chart Below

Vera Bradley, Inc. (NASDAQ:VRA)

Vera Bradley, Inc. has a 52 week low of $10.41 and a 52 week high of $20.69 with a PE ratio of 16.57 The company’s market cap is currently $0.

Also covering Vera Bradley, Inc.'s price target, a total of 6 analysts have released a report on Vera Bradley, Inc.. The 12-month price target is $20.00 with zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, six equity analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Vera Bradley, Inc. (NASDAQ:VRA)

Vera Bradley, Inc. is a designer of women's handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company's segments include Direct and Indirect. It offers an assortment of products, including bags, such as purses, totes and backpacks; accessories, such as wallets, wristlets, phone cases and technology accessories; travel and travel accessories, such as weekend bags, duffel bags and cosmetic bags, and home, such as mugs, tumblers and textiles, including aprons, beach towels, throw blankets and comforters. The Direct business consists of sales of Vera Bradley products through factory outlet stores in the United States, verabradley.com, direct-to-consumer eBay sales and its annual outlet sale in Fort Wayne, Indiana. The Indirect business sells Vera Bradley products to approximately 2,600 specialty retail locations, which are located in the United States, as well as department stores, national accounts and third party e-commerce sites.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *