On Tuesday Stifel Nicolaus reiterated its target price on Vince Holding (NYSE:VNCE) shares issuing the company with a ‘Buy’ rating.
Stifel Nicolaus gave the share price of Vince Holding a price target of 4.5 meaning the broker expects a potential upside of 20% from Vince Holding’s current market price of 3.75.
Vince Holding has 49,421,000 shares outstanding at the moment which are trading around 3.75 bringing Vince Holding’s market capitalisation to 185.33M USD.
The 52 week high of Vince Holding’s shares is 8.11 whilst the 52 week low for shares in the company is 3.45. The 50 day moving average of NYSE:VNCE is 4.31 and the 200 day moving average is 5.19.
Vince Holding Corp. (Vince) is a United States-based company, which offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Company operates as a fashion brand. The Company operates in two segments: Wholesale and Direct-to-consumer. The Company’s Wholesale segment consists of its operations to distribute products to various department stores and specialty stores in the United States and select international markets. The Company’s Direct-to-consumer segment consists of its operations to distribute products directly to the consumer through its branded specialty retail stores, outlet stores and e-commerce platform. The Company utilizes luxe fabrications and various techniques to create its product assortment. The Company serves its customers through various channels, including wholesale department stores and specialty stores in the United States, as well as through its branded retail locations and its Website.