Stock Analysis:Five Below Inc (NASDAQ:FIVE) Stock Target Increased
In an interesting research report issued by Deutsche Bank on 4 December, Five Below Inc (NASDAQ:FIVE) had its price target raised to $31.00. The firm right now has a solid “Hold” rating on shares.
From a total of 14 analysts covering Five Below (NASDAQ:FIVE) 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 $50 while the lowest target price is $27. The mean of all analyst targets is $39.71 with a 25.04% above today’s ($29.43) stock price. Five Below was the topic of 9 analyst reports since September 3, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 4 with “Hold” rating. Credit Suisse maintained shares with “Outperform” rating and $39 target share price in a report from a September 3. Sterne Agee CRT downgraded FIVE stock in a recent report from November 17 to “Neutral” rating. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a September 3.
The stock increased 5.45% or $1.52 on December 4, striking $29.43. Approximately shares of stock traded hands. Five Below Inc (NASDAQ:FIVE) has declined 14.75% since May 4, 2015 and is downtrending. It has underperformed by 13.67% the S&P500.
Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company has a market cap of $1.52 billion. The Firm offers a range of products, all priced at five dollars and below, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. It has 33.56 P/E ratio. The Firm operates 366 locations across 21 states.
According to Zacks Investment Research, “Five Below, Inc. is a specialty value retailer offering merchandise for teen and pre-teen customers in the United States. The Company offers products all priced at $5 and below, including select brands and licensed merchandise across a range of categories, which it refers to as worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal. It offers a wide variety of merchandise that includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, DVDs, iPhone accessories, novelty and seasonal items. Five Below, Inc. is headquartered in Philadelphia, Pennsylvania.” Get a free copy of the Zacks research report on Five Below Inc (FIVE).