Party City Holdco Inc (NYSE:PRTY) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Having a price of $17.49, Party City Holdco Inc (NYSE:PRTY) traded 0.91% higher on the day. With the last close up 15.77% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PRTY has recorded a 50-day average of $17.01 and a two hundred day average of $15.25. Trade Volume was up over the average, with 535,906 shares of PRTY changing hands over the typical 431,692
Zacks Investment Research has downgraded Party City Holdco Inc (NYSE:PRTY) to Hold in a statement released on 10/06/2016.
On Friday August 05, 2016, Telsey Advisory Group released a statement on Party City Holdco Inc (NYSE:PRTY) upped the target price from $18.00 to $20.00 that suggested an upside of 0.13%.
Recent Performance Chart
Party City Holdco Inc has PE ratio of 33.75 with a one year low of $7.53 and a one year high of $19.10 and has a market capitalization of $0.
A total of 9 analysts have released a report on Party City Holdco Inc. 1 broker rating the stock a strong buy, 4 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $16.44.
Brief Synopsis On Party City Holdco Inc (NYSE:PRTY)
Party City Holdco Inc. is a party goods retailer and supplier of decorated party goods. The Company operates through two segments: Retail and Wholesale. The Wholesale segment designs, manufactures, contracts for manufacture and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts and stationery throughout the world. The Retail segment operates specialty retail party supply stores in the United States and Canada, principally under the names Party City and Halloween City, and it operates e-commerce Websites, principally through the domain name PartyCity.com. The Retail segment also franchises both individual stores and franchise areas throughout the United States, Mexico, and Puerto Rico, principally under the name Party City. Its Party City network consists of approximately 860 superstore locations in the United States and approximately 50 locations in Canada.
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