Michael Kors Holdings Ltd (NYSE:KORS) price target upped to $45.00, released a report earlier today by Credit Agricole SA
- Updated: September 28, 2016
Showing a price of $48.17, Michael Kors Holdings Ltd (NYSE:KORS) traded 0.15% higher on the day. The last stock close price is down -3.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. KORS has recorded a 50-day average of $49.22 and a 200-day moving average of $50.20. 1,895,649 shares of the stock traded hands, down from an average trading volume of 2,625,900
Reporting a potential downside of -0.07%, Credit Agricole SA bumped up the target price of Michael Kors Holdings Ltd (NYSE:KORS) to $45.00
On 9/26/2016, Vetr Inc. released a statement on Michael Kors Holdings Ltd (NYSE:KORS) bumped up the target price from $0.00 to $56.16 that suggested an upside of 0.11%.
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Michael Kors Holdings Ltd has a one year low of $34.83 and a one year high of $59.49 with a P/E ratio of 10.88 KORS’s total market value is presently $0.
A total of 24 brokers have issued a research note on the company. Three analysts rating the company a strong buy, six analysts rating the company a buy, 21 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a consensus target price of $56.50.
About Michael Kors Holdings Ltd (NYSE:KORS)
Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of branded women's apparel and accessories and men's apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. The Company operates through three segments: retail, wholesale and licensing. The Retail operations consist of collection stores and lifestyle stores, including concessions and outlet stores, located primarily in the Americas (the United States, Canada and Latin America), Europe and Asia, as well as e-commerce. Wholesale revenues are principally derived from major department and specialty stores located throughout the Americas, Europe and Asia. The Company licenses its trademarks on products, such as fragrances, beauty, eyewear, leather goods, jewelry, watches, coats, men's suits, swimwear, furs and ties, as well as through geographic licenses.
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