Zacks: Brokerages Set $22.00 Target Price for Revlon Inc (NYSE:REV)
Shares of Revlon Inc (NYSE:REV) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Analysts have set a 1 year consensus target price of $22.00 for the company, according to Zacks. Zacks has also given Revlon an industry rank of 93 out of 255 based on the ratings given to related companies.
Separately, ValuEngine upgraded shares of Revlon from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, December 3rd.
REV opened at $24.56 on Monday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -6.66 and a beta of 0.31. The firm has a 50 day moving average price of $24.59 and a 200-day moving average price of $21.47. Revlon has a twelve month low of $13.58 and a twelve month high of $28.60.
Revlon (NYSE:REV) last issued its earnings results on Friday, November 8th. The company reported ($0.71) earnings per share for the quarter, topping the consensus estimate of ($0.83) by $0.12. The firm had revenue of $596.80 million during the quarter, compared to analysts’ expectations of $641.90 million. During the same period last year, the business posted $0.14 earnings per share. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. On average, equities analysts predict that Revlon will post -2.91 earnings per share for the current year.
Revlon Company Profile
Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Revlon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon and related companies with MarketBeat.com's FREE daily email newsletter.