Unveiling 7 Analyst Insights On G-III Apparel Group
Portfolio Pulse from Benzinga Insights
In the last three months, 7 analysts have provided diverse ratings on G-III Apparel Group (NASDAQ:GIII), ranging from bullish to bearish. The average 12-month price target is $28.29, indicating a 10.94% increase from the previous target. Analyst actions include both upgrades and downgrades, with price targets adjusted accordingly. G-III Apparel Group, a textile company with a portfolio including DKNY and Calvin Klein, shows a negative revenue trend but impressive net margin and ROE. Its market capitalization is below industry averages, and it has a balanced debt approach.
March 04, 2024 | 12:00 pm
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POSITIVE IMPACT
G-III Apparel Group has received mixed analyst ratings with an updated average 12-month price target of $28.29, reflecting a 10.94% increase. The company's financial performance shows a negative revenue trend but strong profitability and effective debt management.
The mixed analyst ratings with a higher average price target suggest a positive outlook on G-III Apparel Group's stock in the short term. Despite the negative revenue trend, the company's strong net margin, ROE, and effective debt management indicate a solid financial foundation, which could positively impact investor sentiment and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100