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Royal Bank Of Canada disclosed Ascena Retail Group Inc (NASDAQ:ASNA), lowering its target price to $7.00 today

Boasting a price of $8.12, Ascena Retail Group Inc (NASDAQ:ASNA) traded 1.88% higher on the day. The last stock price close is down 2.59% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Ascena Retail Group Inc has logged a 50-day average of $8.03 and two hundred day average of $8.34. 5,377,709 shares of the stock were exchanged, up from ann average trading volume of 2,323,420

Reporting a possible downside of -0.14%, Royal Bank Of Canada dropped the target stock price of Ascena Retail Group Inc (NASDAQ:ASNA) to $7

On Wednesday June 1 2016, FBR Capital released a statement for Ascena Retail Group Inc(NASDAQ:ASNA) lowered the target price from $18.00 to $15.00. At the time, this suggested an upside of 1.12%.

Recent Performance Graph:

Ascena Retail Group Inc (NASDAQ:ASNA)

A total of 12 analysts have issued a report on ASNA. Four analysts rate the stock a strong buy, four firms rate the company a buy, five firms rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the company as sell with a consensus target stock price of $11.58

Ascena Retail Group Inc has a one-year low of $6.33 and a one-year high of $14.76 . The company’s market cap is presently $0.0.

General Company Details For Ascena Retail Group Inc (NASDAQ:ASNA)

Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, and including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.

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