In a report released today, Edward Kelly from Wells Fargo maintained a Buy rating on Five Below (FIVE – Research Report), with a price target of $180.00. The company’s shares closed yesterday at $141.99.
Kelly covers the Consumer Defensive sector, focusing on stocks such as Kroger Company, Target, and Walmart. According to TipRanks, Kelly has an average return of 9.2% and a 62.54% success rate on recommended stocks.
Currently, the analyst consensus on Five Below is a Strong Buy with an average price target of $205.36, representing a 44.63% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $200.00 price target.
The company has a one-year high of $216.18 and a one-year low of $139.16. Currently, Five Below has an average volume of 956.1K.
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Five Below (FIVE) Company Description:
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
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