Brokerages Set Conn's Inc (CONN) Target Price at $37.00
Conn's Inc (NASDAQ:CONN) has earned an average rating of “Buy” from the ten brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $37.00.
Several equities research analysts have commented on the stock. ValuEngine upgraded shares of Conn's from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. BidaskClub upgraded shares of Conn's from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 25th. Oppenheimer restated a “buy” rating on shares of Conn's in a research report on Wednesday, December 13th. Stephens boosted their target price on shares of Conn's from $39.00 to $44.00 and gave the stock an “overweight” rating in a research report on Thursday, December 14th. Finally, Zacks Investment Research upgraded shares of Conn's from a “hold” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a research report on Tuesday, December 12th.
Shares of CONN stock traded up $0.05 during midday trading on Friday, hitting $31.40. 48,981 shares of the company’s stock traded hands, compared to its average volume of 365,233. The stock has a market cap of $1,039.94, a price-to-earnings ratio of 75.34, a P/E/G ratio of 0.60 and a beta of 1.79. Conn's has a 52 week low of $8.00 and a 52 week high of $37.80. The company has a quick ratio of 3.04, a current ratio of 3.94 and a debt-to-equity ratio of 1.84.
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Conn's Company Profile
Conn’s, Inc is a specialty retailer that offers a selection of consumer goods and related services in addition to a credit solution for its core credit constrained consumers. The Company operates through two segments: retail and credit. The Retail segment includes product categories, such as furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom; home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges; Consumer electronics, including liquid-crystal-display (LED), organic LED (OLED), Ultra high definition (HD) and Internet-ready televisions, and home office, including computers, printers and accessories.
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