Tiffany & Co. (NYSE:TIF) target price raised to $110.00, reported today by Telsey Advisory Group
- Updated: March 20, 2017
Yesterday Tiffany & Co. (NYSE:TIF) traded 2.71% higher at $93.61. The company’s 50-day moving average is $85.64 and its 200-day moving average is $78.42. The last stock close price is up 17.86% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 6,275,403 shares of the stock were exchanged, up from an average trading volume of 1,929,610
Tiffany & Co. (NYSE:TIF) had its target price raised to $110.00 by Telsey Advisory Group in a report released 3/20/2017. The new target price indicates a possible upside of 0.18% based on the company's last stock close price.
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Tiffany & Co. has a 52 week low of $56.99 and a 52 week high of $94.00 with a P/E ratio of 25.88 The company’s market cap is currently $0.
In addition to Telsey Advisory Group reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is $81.38 with 4 firms rating the stock a strong buy, 10 firms rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
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. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company's segments include Americas, Asia-Pacific, Japan, Europe and Other. The Americas segment includes sale in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America. The Asia-Pacific segment includes over 80 Company-operated TIFFANY & CO. stores in China, Korea, Hong Kong, Taiwan, Australia, Singapore, Macau, Malaysia and Thailand. The Japan segment includes approximately 60 Company-operated TIFFANY & CO. stores. The retail sales in Europe are transacted in over 40 Company-operated TIFFANY & CO. stores. The Other segment includes retail sales and wholesale distribution; wholesale sales of diamonds, and licensing agreements.
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