Jefferies Remains a Hold on Container Store Group

By Ryan Adsit

Jefferies analyst Daniel Binder reiterated a Hold rating on Container Store Group (NYSE: TCS) yesterday and set a price target of $4.50. The company’s shares opened today at $4.17, close to its 52-week high of $8.34.

According to TipRanks.com, Binder is a 5-star analyst with an average return of 9.0% and a 68.6% success rate. Binder covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Kar Auction Services Inc, and Lululemon Athletica Inc.

Container Store Group has an analyst consensus of Hold, with a price target consensus of $4.50.

The company has a one year high of $8.34 and a one year low of $3.75. Currently, Container Store Group has an average volume of 303.9K.

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The Container Store Group, Inc. is a holding company, which engages in the retail of storage products for home and office. It provides creative, multifunctional, customizable storage, and organization solutions that helps its customers to save time and space. The company operates through the following business segments: The Container Store and Elfa.