MYT Netherlands Parent B.V. (NYSE:MYTE) Receives Consensus Rating of “Buy” from Analysts


Share on StockTwits

MYT Netherlands Parent B.V. (NYSE:MYTE) has received an average rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $37.67.

A number of equities analysts have recently issued reports on MYTE shares. Morgan Stanley started coverage on shares of MYT Netherlands Parent B.V. in a research report on Tuesday, February 16th. They set an “overweight” rating and a $37.00 price objective on the stock. UBS Group started coverage on shares of MYT Netherlands Parent B.V. in a research report on Tuesday, February 16th. They set a “neutral” rating and a $35.00 price objective on the stock. JPMorgan Chase & Co. started coverage on shares of MYT Netherlands Parent B.V. in a research report on Tuesday, February 16th. They set an “overweight” rating and a $38.00 price objective on the stock. Jefferies Financial Group started coverage on shares of MYT Netherlands Parent B.V. in a research report on Tuesday, February 16th. They set a “buy” rating and a $37.00 price objective on the stock. Finally, Cowen initiated coverage on shares of MYT Netherlands Parent B.V. in a research report on Tuesday, February 16th. They set an “outperform” rating and a $40.00 price objective on the stock.

MYTE stock opened at $26.81 on Wednesday. The stock’s 50-day moving average is $29.69. MYT Netherlands Parent B.V. has a 1 year low of $24.94 and a 1 year high of $36.25.

MYT Netherlands Parent B.V. (NYSE:MYTE) last released its quarterly earnings data on Thursday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05. The company had revenue of $189.15 million for the quarter, compared to the consensus estimate of $191.12 million.

About MYT Netherlands Parent B.V.

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for the fashion consumers worldwide. The company sells clothes, bags, shoes, accessories, and fine jewelry through online operations and retail stores. It serves high income luxury consumers.

Featured Story: What is a short straddle?

Analyst Recommendations for MYT Netherlands Parent B.V. (NYSE:MYTE)

Receive News & Ratings for MYT Netherlands Parent B.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MYT Netherlands Parent B.V. and related companies with MarketBeat.com's FREE daily email newsletter.