Guess (GES) Gets a Buy Rating from B.Riley FBR

By Austin Angelo

In a report issued on May 17, Susan Anderson from B.Riley FBR reiterated a Buy rating on Guess (GESResearch Report), with a price target of $29. The company’s shares closed on Friday at $17.95, close to its 52-week low of $16.41.

According to TipRanks.com, Anderson is a 3-star analyst with an average return of 1.3% and a 41.1% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Children’s Place.

Currently, the analyst consensus on Guess is a Moderate Buy with an average price target of $26.50.

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Guess’ market cap is currently $1.46B and has a P/E ratio of 118.64. The company has a Price to Book ratio of 1.74.

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Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.