Breaking: PVH (NYSE:PVH) “Buy” Rating Reaffirmed at Deutsche Bank Today; The Target Provided Is $106.0

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PVH (NYSE:PVH) Rating Reaffirmed

Equities researchers at Deutsche Bank now has a $106.0 price target on PVH (NYSE:PVH). Deutsche Bank and their recent price target may suggest a potential upside of 27.68% from the company’s last stock close price. The rating has been revealed in a comprehensive report on Friday, 4 December.

From a total of 16 analysts covering PVH Corp (NYSE:PVH) stock, 13 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 72% of the ratings are positive. The highest target price is $136 while the lowest target price is $94. The mean of all analyst targets is $121.22 with a 51.38% above today’s ($81.42) stock price. PVH Corp was the topic of 14 analyst reports since August 19, 2015 according to the firm StockzIntelligence Inc. Credit Suisse downgraded shares on December 3 to “Neutral” rating. Deutsche Bank maintained shares with “Buy” rating and $135 target share price in a report from an August 31. Telsey Advisory Group maintained PVH stock in a recent report from November 25 with “Outperform” rating. Finally, Piper Jaffray maintained the stock with “Overweight” rating in a report issued on a September 5.

Approximately 962,835 shares of stock traded hands. PVH Corp (NYSE:PVH) has declined 20.09% since May 1, 2015 and is downtrending. It has underperformed by 17.31% the S&P500.

PVH Corp. is an apparel company. The Company’s brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. The company has a market cap of $6.74 billion. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. It has 13.85 P/E ratio. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands.

According to Zacks Investment Research, “PVH Corp. designs and markets branded dress shirts, neckwear, sportswear, footwear and other related products. The Company markets its products at a wholesale level through department store chains and directly to consumers through retail stores. The Company’s portfolio of brands includes its owned brands and its licensed brands. It manages its business through its operating divisions, which consist of five reportable segments: Calvin Klein Licensing, Wholesale Dress Furnishings, Wholesale Sportswear and Related Products, Retail Apparel and Related Products and Retail Footwear and Related Products. PVH Corp., formerly known as Phillips-Van Heusen Corporation, is headquartered in New York, New York.” Get a free copy of the Zacks research report on PVH Corp (PVH).

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