The Latest Analyst Ratings For Hanesbrands
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Hanesbrands (NYSE:HBI) over the past quarter, with a general consensus of 'Neutral'. The average 12-month price target has increased by 13.78% to $5.12. Despite this, the company faces financial challenges, including declining revenue, low net margins, and high debt levels.
June 06, 2024 | 2:01 pm
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NEUTRAL IMPACT
Analysts have maintained a 'Neutral' rating on Hanesbrands with an average 12-month price target of $5.12, up 13.78% from the previous target. Despite this, the company faces significant financial challenges, including declining revenue, low net margins, and high debt levels.
The 'Neutral' rating and increased price target suggest a balanced view among analysts, reflecting both potential and risks. The financial challenges, such as declining revenue and high debt, temper the positive sentiment from the price target increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100