Unveiling 5 Analyst Insights On G-III Apparel Group
Portfolio Pulse from Benzinga Insights
G-III Apparel Group (NASDAQ:GIII) has been analyzed by five analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has increased to $31.6, with a high of $36.00 and a low of $27.00. Analysts have adjusted their ratings and price targets, reflecting their views on G-III's market position and financial performance. Despite revenue challenges, G-III shows strong profitability, effective cost management, and a healthy debt-to-equity ratio.
October 09, 2024 | 1:01 pm
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POSITIVE IMPACT
G-III Apparel Group has received mixed analyst ratings, with a recent increase in the average 12-month price target to $31.6. Analysts have adjusted their ratings, reflecting their views on G-III's market position and financial performance. Despite a recent revenue decline, G-III shows strong profitability and a healthy debt-to-equity ratio.
The increase in the average price target and the positive adjustments in ratings by analysts suggest a favorable outlook for G-III Apparel Group. The company's strong profitability metrics and healthy debt management further support a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100