Brokerages Set $5.00 Price Target for XCel Brands Inc (XELB)
XCel Brands Inc (NASDAQ:XELB) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12 month consensus target price of $5.00 for the company and are forecasting that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also given XCel Brands an industry rank of 36 out of 265 based on the ratings given to its competitors.
XELB has been the subject of a number of recent research reports. ValuEngine raised shares of XCel Brands from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. B. Riley reaffirmed a “buy” rating and set a $4.50 price objective on shares of XCel Brands in a research report on Friday, November 10th. Finally, DA Davidson initiated coverage on shares of XCel Brands in a research report on Thursday, February 8th. They set a “buy” rating and a $5.00 price objective for the company.
Shares of XCel Brands (NASDAQ XELB) traded up $0.10 during trading hours on Friday, hitting $3.15. 2,000 shares of the company were exchanged, compared to its average volume of 9,450. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.19. XCel Brands has a twelve month low of $1.80 and a twelve month high of $5.00. The company has a market cap of $56.29, a P/E ratio of 23.46 and a beta of 0.50.
XCel Brands Company Profile
Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for XCel Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XCel Brands and related companies with MarketBeat.com's FREE daily email newsletter.