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 $4.65.
According to TipRanks, Gomes is a 4-star analyst with an average return of 4.6% and a 40.92% success rate. Gomes covers the Services sector, focusing on stocks such as Fat Brands, RCI Hospitality Holdings, and DLH Holdings.
Currently, the analyst consensus on Vera Bradley is a Moderate Buy with an average price target of $8.00.
See the top stocks recommended by analysts >>
VRA market cap is currently $144.6M and has a P/E ratio of -5.50.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on VRA:
