Zacks Investment Research downgraded Ascena Retail Group Inc (NASDAQ:ASNA) to Strong Sell in a report released today.
- Updated: September 21, 2016
Zacks Investment Research has downgraded Ascena Retail Group Inc (NASDAQ:ASNA) to Strong Sell in a report released on 9/21/2016.
Previously on 9/20/2016, Royal Bank Of Canada reported on Ascena Retail Group Inc (NASDAQ:ASNA) lowered the target price from $12.00 to $7.00. At the time, this indicated a possible downside of -0.14%.
Yesterday Ascena Retail Group Inc (NASDAQ:ASNA) traded -2.11% lower at $5.69. The company’s 50-day moving average is $7.96 and its 200-day moving average is $8.31. The last closing price is down -32.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 13,080,140 shares of the stock were exchanged, up from an average trading volume of 2,751,820
Recent Performance Chart
Ascena Retail Group Inc has with a one year low of $5.33 and a one year high of $14.76 and has a market capitalization of $0.
A total of 12 brokerages have released a report on Ascena Retail Group Inc. Four brokerages rating the company a strong buy, four brokerages rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $11.58.
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, 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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