Brokers Issue New Targets On Ascena Retail Group, Inc. (NASDAQ:ASNA)

Brokers Issue New Targets On Ascena Retail Group, Inc. (NASDAQ:ASNA)

The stock diminished about -30.49% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well. It was reported on May, 16 by Ascena Retail Group presently has an average rating of "Hold" and a consensus price target of $5.83. The last session's volume of 5.58 million shares was higher than its average volume of 1.92 million shares.

Ascena Retail Group Inc (NASDAQ:ASNA) has received an average recommendation of "Hold" from the nine analysts that are now covering the firm.

Ascena Retail Group (NASDAQ:ASNA) last issued its quarterly earnings data on Monday, March 6th. Comparatively, ASNA posted earnings of $0 per share in the same quarter, a year earlier. In contrast to the year ago quarter EPS was at 0.22. Past 5 years growth of Ascena Retail Grp Cmn (NASDAQ:ASNA) observed at -30.49%, looking forward for the next 5 years it has a strong prediction of 21% over growth. Ascena Retail Group Inc now has $553.52 million valuation. The market capitalization of the company is at $695.31 Million. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It has a 74.69 P/E ratio. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $69,644 activity. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.10. Ascena Retail Group has $18.0 highest and $5 lowest target.

Additionally on 3/09/17 Guggenheim "Initiates Coverage On" Ascena Retail Grp Cmn (NASDAQ:ASNA) to Neutral setting price target at $0 and on 3/07/17 Citigroup "Downgrades" the stock to Sell at $0.

Ratings analysis reveals 14% of Ascena Retail Group's analysts are positive. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) earned "Sector Perform" rating by RBC Capital Markets on Tuesday, September 20.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The stock of Knowles Corp (NYSE:KN) earned "Sell" rating by Zacks on Thursday, September 17. The rating was downgraded by FBR Capital on Tuesday, September 20 to "Mkt Perform".

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01/19/2017 - Ascena Retail Group, Inc. had its " rating reiterated by analysts at Cowen. They now have a United States dollars 16 price target on the stock. The present value of the firm in the stock market is $665.18M. When markets become very volatile, this may point to a change in investor sentiment. Its down 0.91, from 1.81 in 2016Q3. Tiaa Cref Investment Management Lc stated it has 0% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA). 48 funds opened positions while 61 raised stakes. Harvest Capital Strategies Llc, a California-based fund reported 4.70 million shares. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) has "Neutral" rating given on Thursday, February 11 by Goldman Sachs. It also reduced Apple Computer Inc (NASDAQ:AAPL) stake by 3,033 shares and now owns 79,754 shares.

Yet another important factor while evaluating a good buy/sell decision for Ascena Retail Group Inc. (NASDAQ:ASNA) have recently changed their ratings on the stock. Wells Fargo & Company MN now owns 8,165,093 shares of the specialty retailer's stock worth $45,643,000 after buying an additional 837,409 shares in the last quarter. Stoneridge Investment Partners LLC now owns 376,533 shares of the specialty retailer's stock valued at $2,105,000 after buying an additional 166,099 shares in the last quarter. Telsey Advisory Group maintained Ascena Retail Group Inc (NASDAQ:ASNA) on Tuesday, January 12 with "Market Perform" rating. Parametric Port Associate holds 0.01% or 748,193 shares in its portfolio. Coliseum Management Ltd Liability Corporation reported 15.71% stake. The SI to Ascena Retail Group Incorporated's float is 28.19%.

Liberty Expedia Holdings, a holding company. Meeder Asset Mgmt reported 2,018 shares or 0% of all its holdings. Engineers Gate Manager Ltd Partnership reported 37,762 shares. Ftb Advsr Incorporated has 0.01% invested in Genesis Energy, L.P. (NYSE:GEL). The company also said it would take a charge of an undetermined size related to goodwill, which often happens when the value of an acquired business declines. The target implies a 3.67% spike from where the shares are now trading.

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About 98,999 shares traded. Imperva Inc (NASDAQ:IMPV) has declined 10.14% since October 6, 2016 and is downtrending.

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