The Latest Analyst Ratings For Ollie's Bargain Outlet
Portfolio Pulse from Benzinga Insights
Ollie's Bargain Outlet (NASDAQ:OLLI) has received mixed analyst ratings over the last three months, with a recent shift towards a more positive outlook. The average 12-month price target has increased to $85.5, with a high estimate of $95.00 and a low of $78.00. Analysts from Truist Securities, RBC Capital, UBS, and Goldman Sachs have updated their ratings and price targets, reflecting changes in market conditions and company performance. Ollie's Bargain Outlet is known for its discounted brand-name merchandise and has shown strong financial performance with a solid revenue growth rate, high net margin, and excellent ROE and ROA, while maintaining a low debt-to-equity ratio.
December 21, 2023 | 4:01 pm
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POSITIVE IMPACT
Ollie's Bargain Outlet has received diverse analyst ratings, but the average 12-month price target has risen, indicating a positive sentiment shift. The company's strong financial performance may support this optimistic outlook.
The increase in the average price target suggests that analysts are becoming more optimistic about Ollie's Bargain Outlet's future performance. The company's strong financial metrics, such as revenue growth and net margin, support this view. Given the recent updates from analysts and the company's financials, there is a reasonable expectation that the stock price may experience a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100