Jefferies Analyst Reiterates Buy Rating on Macy's, M
Stephanie Wissink analyst at Jefferies reiterates coverage on Macy's (M) in the Consumer Goods sector with a Buy rating. TipRanks.com has Wissink rated as a 3.6 star analyst with a 51% return on investment and a 4.3% success rate. Wissink has set a price target of $45.
TipRanks.com reports that Macy's currently has 10 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $37.10. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $23.00. Macy's (M)’s last closing price was $27.83 which would put the average price target at 37.10% upside.
In addition, TradingView issued a Neutral rating for M over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a short-term outlook. Remember, securities are volatile, so please do your own research on M.
Other analysts covering M include:
- Paul Lejuez of Citigroup issued a Sell rating with the price target of $29 on 2 weeks ago
- Oliver Chen of Cowen & Co. issued a Buy rating with the price target of $45 on 2 weeks ago
- Michael Binetti of Credit Suisse issued a Sell rating with the price target of $32 on 2 weeks ago
- Kimberly Greenberger of Morgan Stanley issued a Sell rating with the price target of $23 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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