Investment analysts at Royal Bank of Canada assumed coverage on shares of Stitch Fix (NASDAQ:SFIX) in a note issued to investors on Tuesday. The brokerage set an “outperform” rating and a $29.00 price target on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 20.93% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. J P Morgan Chase & Co started coverage on Stitch Fix in a report on Tuesday. They issued a “neutral” rating and a $25.00 target price for the company. Piper Jaffray Companies started coverage on Stitch Fix in a research note on Tuesday. They issued an “overweight” rating and a $29.00 price objective on the stock. Goldman Sachs Group started coverage on Stitch Fix in a research note on Tuesday. They issued a “neutral” rating and a $23.00 price objective on the stock. Stifel Nicolaus started coverage on Stitch Fix in a research note on Tuesday. They issued a “hold” rating and a $22.00 price objective on the stock. Finally, William Blair reiterated an “outperform” rating on shares of Stitch Fix in a research note on Tuesday. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $25.67.

Stitch Fix (SFIX) traded up $0.38 during mid-day trading on Tuesday, hitting $23.98. The stock had a trading volume of 601,300 shares, compared to its average volume of 1,880,220. Stitch Fix has a 52 week low of $14.48 and a 52 week high of $25.38.

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Analyst Recommendations for Stitch Fix (NASDAQ:SFIX)

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