Noble Financial analyst Joe Gomes maintained a Buy rating on Vera Bradley (VRA – Research Report) today and set a price target of $8.00. The company’s shares closed yesterday at $3.57.
Gomes covers the Services sector, focusing on stocks such as RCI Hospitality Holdings, Information Services Group, and V2X. According to TipRanks, Gomes has an average return of 5.1% and a 41.32% success rate on recommended stocks.
Currently, the analyst consensus on Vera Bradley is a Moderate Buy with an average price target of $8.00.
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The company has a one-year high of $11.13 and a one-year low of $3.31. Currently, Vera Bradley has an average volume of 557.7K.
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Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through two segments: Direct and Indirect. The Direct segment consists of the sales of Vera Bradley products through full-price and outlet stores. The Indirect segment handles the sales of Vera Bradley products to specialty retailers, which are located in the United States. It also offers accessories, which includes wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.
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