Ike Boruchow, analyst at Wells Fargo, reiterates coverage on Farfetch (FTCH) in the Technology sector with a Buy rating. TipRanks.com has Boruchow rated as a 4 star analyst with a 7% return on investment and a 53% success rate. Boruchow has set a price target of $55.00 .
TipRanks.com reports that FTCH currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $63.50 . The target pricing ranges from a high forecast of $80.00 down to a low forecast of $50.00 .
FTCH’s last closing price was $41.81 which would put the average price target at 51.88% upside.
In addition, TradingView issued a Neutral rating for FTCH over the next month.
Remember, securities are volatile, so please do your own research on FTCH.
Other analysts covering FTCH include:
- Ashley Wallace of Bank of America Securities issued a buy rate with the price target of $75 on August 19th
- Louise Singlehurst of Goldman Sachs issued a buy rate with the price target of $68 on August 19th
- Oliver Chen of Cowen & Co. issued a buy rate with the price target of $50 on August 19th
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