Guess (GES) Gets a Buy Rating from Evercore ISI

By Austin Angelo

In a report issued on November 29, Omar Saad from Evercore ISI maintained a Buy rating on Guess (GESResearch Report), with a price target of $22.00. The company’s shares closed last Monday at $19.25.

According to TipRanks.com, Saad is a 4-star analyst with an average return of 6.9% and a 64.4% success rate. Saad covers the Services sector, focusing on stocks such as Burlington Stores, TJX Companies, and Ralph Lauren.

Guess has an analyst consensus of Moderate Buy, with a price target consensus of $23.50, implying a 19.6% upside from current levels. In a report issued on November 27, B.Riley FBR also reiterated a Buy rating on the stock with a $25.00 price target.

See today’s analyst top recommended stocks >>

Guess’ market cap is currently $1.26B and has a P/E ratio of 35.43. The company has a Price to Book ratio of 2.46.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.