MYT Netherlands Parent B.V. (NYSE:MYTE – Get Rating) had its target price lowered by equities researchers at Cowen from $22.00 to $17.00 in a note issued to investors on Friday, Stock Target Advisor reports. Cowen's price target would indicate a potential upside of 38.66% from the company's current price.

Several other brokerages have also commented on MYTE. Morgan Stanley cut their price objective on MYT Netherlands Parent B.V. from $14.00 to $12.00 and set an "equal weight" rating for the company in a report on Friday. Societe Generale cut their target price on MYT Netherlands Parent B.V. from $21.00 to $17.00 in a research note on Tuesday, July 12th. Credit Suisse Group cut their target price on MYT Netherlands Parent B.V. from $16.00 to $15.00 and set an "outperform" rating for the company in a research note on Friday. Finally, Cowen cut their target price on MYT Netherlands Parent B.V. from $22.00 to $17.00 in a research note on Friday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $18.00.

MYT Netherlands Parent B.V. Stock Down 5.6 %

Shares of NYSE MYTE opened at $12.26 on Friday. MYT Netherlands Parent B.V. has a 12 month low of $9.06 and a 12 month high of $31.20. The company has a current ratio of 2.98, a quick ratio of 1.23 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -47.15 and a beta of 0.98. The business has a 50-day moving average of $13.18 and a 200-day moving average of $12.03.

Hedge Funds Weigh In On MYT Netherlands Parent B.V.

MYT Netherlands Parent B.V. Company Profile

(Get Rating)

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.

Featured Stories

• Get a free copy of the StockNews.com research report on MYT Netherlands Parent B.V. (MYTE)
• 3 Banks Worth Considering For Q4
• No One Told These 3 Stocks It's a Down Week
• Is There a Cure for What is Ailing Teladoc Stock?
• Why Medical Products Maker Repligen May Be A Potential Buy
• At 10%, Is Arbor Realty Trust Dividend Worth It?

Receive News & Ratings for MYT Netherlands Parent B.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MYT Netherlands Parent B.V. and related companies with MarketBeat.com's FREE daily email newsletter.