Why Has KeyBanc Capital Markets Given Inter Parfums Inc (NASDAQ:IPAR) a $33.00 Price Target
Research professionals at KeyBanc Capital Markets gave a key “Overweight” rating for Inter Parfums Inc (NASDAQ:IPAR). The firm started coverage in a recent research report revealed to clients on Friday, 4 December. The target PPS may suggest upside of 25.33% from the stock close price.
The stock closed the day at $26.33 during the previous session. It is down 14.73% since May 1, 2015 and is downtrending. It has underperformed by 11.95% the S&P500.
Inter Parfums, Inc. operates in the fragrance business, and manufacture, markets and distributes an array of fragrances and fragrance related products. The company has a market cap of $816.38 million. The Firm operates in two divisions: European activities and United States operations. It has 25.66 P/E ratio. The Firm produces and distributes prestige fragrance products primarily under license agreements with brand owners, and prestige product sales through its European operations.
According to Zacks Investment Research, “Inter Parfums, Inc. is a world-wide provider of prestige perfumes and mass market perfumes and cosmetics. They operate in the fragrance and cosmetic industry, specializing in prestige perfumes and mass market perfumes and cosmetics.” Get a free copy of the Zacks research report on Inter Parfums, Inc. (IPAR).