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Tiffany & Co. (NYSE:TIF) stock price target reduced to $88.00, issued a report today by RBC Capital Markets

Yesterday Tiffany & Co. (NYSE:TIF) traded -0.16% lower at $85.86. The company’s 50-day moving average is $90.97 and its 200-day moving average is $91.89. The last closing price is down -0.29% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 540,140 shares of the stock traded hands, down from an average trading volume of 1,528,430

In a report released on Thursday May 25, 2017 RBC Capital Markets reduced the stock price target of Tiffany & Co. (NYSE:TIF) from $93.00 to $88.00 indicating a possible upside of 0.02%.

Previously on Wednesday May 24, 2017, Cowen reported on Tiffany & Co. (NYSE:TIF) increased the target price from $0.00 to $107.00. At the time, this indicated a possible upside of 0.25%.

See Chart Below

Tiffany & Co. (NYSE:TIF)

Tiffany & Co. has a 52 week low of $70.86 and a 52 week high of $97.29 with a P/E ratio of 24.89 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 21 brokers have issued a report on the company. The average stock price target is $81.38 with 4 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Tiffany & Co. (NYSE:TIF)

Tiffany & Co. is a holding company that operates through its subsidiary companies. The Company's principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company's segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores around the world, and also sells its products through Internet, catalog, business-to-business and wholesale operations. The Company also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances and accessories. The Americas segment includes sale in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America. As of January 31, 2017, the Asia-Pacific segment included 85 Company-operated TIFFANY & CO. stores. As of January 31, 2017, the Japan segment included 55 Company-operated TIFFANY & CO. stores. The Other segment consists of non-reportable segments.

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