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ValuEngine upgraded Hanesbrands Inc. (NYSE:HBI) to Buy in a report released today.

Yesterday Hanesbrands Inc. (NYSE:HBI) traded 0.55% higher at $22.56. The company’s 50-day moving average is $23.27 and its 200-day moving average is $21.71. The last stock close price is up 10.25% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 3,757,495 shares of the stock were exchanged, down from an average trading volume of 4,175,580

ValuEngine has upgraded Hanesbrands Inc. (NYSE:HBI) to Buy in a report released on 7/6/2017.

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Hanesbrands Inc. (NYSE:HBI)

Hanesbrands Inc. has a 52 week low of $18.91 and a 52 week high of $28.24 with a P/E ratio of 15.68 The company’s market cap is currently $0.

Also covering Hanesbrands Inc.'s target, a total of 14 analysts have released a report on Hanesbrands Inc.. The 12-month stock price target is $35.07 with 6 brokers rating the stock a strong buy, 7 brokerages rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell.

More About Hanesbrands Inc. (NYSE:HBI)

Hanesbrands Inc. is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L'eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei. The Company operates through four segments: Innerwear, Activewear, Direct to Consumer and International. The Innerwear segment focuses on core apparel products, such as intimate apparel, men's underwear, women's panties, children's underwear, socks and hosiery. The Company operates in the activewear market through its Champion, Hanes and JMS/Just My Size brands. The Direct to Consumer segment operations include its domestic Company-operated outlet stores and Website operations that sell its branded products directly to consumers in the United States. The International segment includes products that primarily span across the innerwear and activewear segments.

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