The stocks of LEVI have been issued with a rating of buy after twelve investment analysts started covering the firm. According to a report, eight of the investment analysts provided the firm with a rating of buy, while one other assigned the company with a rating of strong buy. Currently, the price target of the company over a period of a year has been set at $27.45.
The Stock Commentary of LEVI
There have been quite a few research equities that have commented on the stocks of LEVI. Citigroup has already increased the price target of the company from $26 to $29 in a 9th April research report. Telsey Advisory Group has also increased the price target of the company from $27 to $32 with a rating of outperform in a 15th April research report.
UBS Group has also decided to increase the price target from $29 to $34 with a rating of buy in a 9th April research report. Morgan Stanley has also increased the price target of the company from $25 to $28 with a rating of overweight in a 19th April research report.
The stocks of LEVI traded on Friday at $26.76. The moving average price of the company over a period of 50 days is $28.44, with the moving average price of the company over a period of 200 days set at $23.16. The year low of the company is $11.82, with the year high set at $30.84. The market cap of the firm is $10.71 billion, with a PE ratio of around -76.45, and a 1.14 beta. The current ratio of the company is 1.59, with a 1.23 quick ratio, and a 0.90 debt-to-equity ratio.
LEVI previously announced its quarterly earnings on the 7th of April. The maker of jeans reported an EPS of $0.34 for the quarter, which was more than the consensus estimate of $0.24. The net margin for the company was -3.23%, with a positive 4.86%. The revenue generated by the company over the period was $1.31 billion, with the analyst estimate setting at $1.25 billion.
