Analyst Expectations for Oxford Industries's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 3 analysts have provided 12-month price targets for Oxford Industries (NYSE:OXM), with an average target of $114.00, a high of $120.00, and a low of $107.00. This average is a 6.94% decrease from the previous target of $122.50. The ratings include 1 somewhat bullish and 2 indifferent, with no fully bullish or bearish ratings.
November 21, 2023 | 2:00 pm
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NEGATIVE IMPACT
Analysts have set a new average price target for Oxford Industries at $114.00, which is a 6.94% decrease from the previous target, indicating a potentially bearish outlook for the stock.
The reduction in the average price target by analysts suggests that there may be concerns about Oxford Industries' future performance or market conditions that could negatively impact the stock price in the short term. The lack of fully bullish ratings and the presence of indifferent ratings further support a cautious or bearish sentiment among analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100