Five Below Inc (FIVE) Gets a Buy Rating from Merrill Lynch

By Carrie Williams

In a report released yesterday, Lorraine Hutchinson from Merrill Lynch reiterated a Buy rating on Five Below Inc (FIVEResearch Report), with a price target of $150. The company’s shares closed yesterday at $123.05.

According to, Hutchinson is a 2-star analyst with an average return of -0.3% and a 49.4% success rate. Hutchinson covers the Services sector, focusing on stocks such as Urban Outfitters, Nordstrom Inc, and Tapestry Inc.

Five Below Inc has an analyst consensus of Moderate Buy, with a price target consensus of $141.38, representing a 14.9% upside. In a report released today, Loop Capital Markets also maintained a Buy rating on the stock with a $145 price target.

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The company has a one-year high of $148.22 and a one-year low of $86.57. Currently, Five Below Inc has an average volume of 1.13M.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. Most recently, in April 2019, Michael Romanko, the EVP of FIVE sold 7,881 shares for a total of $1,056,054.

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Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including 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 gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.