Mizuho Securities announced Kate Spade & Company (NYSE:KATE), upping its target price to $25.00 today
- Updated: February 17, 2017
Having a price of $22.56, Kate Spade & Company (NYSE:KATE) traded 14.69% higher on the day. With the last stock price up 28.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. KATE has recorded a 50-day average of $18.50 and a two hundred day average of $17.56. Trade Volume was up over the average, with 17,748,611 shares of KATE changing hands over the typical 4,101,790
Kate Spade & Company (NYSE:KATE) had its target price raised to $25.00 by Mizuho Securities in an issued report issued 2/17/2017. The upped price target implies a potential upside of 0.11% from the company's previous stock price.
On 1/25/2017, Telsey Advisory Group released a statement about Kate Spade & Company (NYSE:KATE) dropped the target price from $23.00 to $21.00 that suggested an upside of 0.13%.
Recent Performance Chart
Kate Spade & Company has PE ratio of 22.63 with a one year low of $14.02 and a one year high of $26.46 and has a market capitalization of $0.
A total of 16 brokerages have issued a ratings update on Kate Spade & Company. Eight brokerages rating the company a strong buy, six brokerages rating the company a buy, six brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $28.50.
General Company Details For 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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