In a report released on September 9, Randal Konik from Jefferies maintained a Buy rating on Revolve Group (RVLV – Research Report), with a price target of $40.00. The company’s shares closed last Friday at $27.00.
Konik covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Nike, and Clarus. According to TipRanks, Konik has an average return of 5.2% and a 49.88% success rate on recommended stocks.
Revolve Group has an analyst consensus of Moderate Buy, with a price target consensus of $30.13.
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The company has a one-year high of $89.60 and a one-year low of $22.27. Currently, Revolve Group has an average volume of 1.7M.
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Revolve Group, Inc. engages in the retail of next-generation fashion for millenial consumers. It operates through the following segments: Revolve and Forward. The Revolve segment offers assortment of apparel and footwear, accessories and beauty products from emerging, established and owned brands. The Forward segment provides luxury products. The company was founded by Michael Mente and Mike Karanikolas in 2003 and is headquartered in Cerritos, CA.
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