In a report released today, Dana Telsey from Telsey Advisory reiterated a Buy rating on Brilliant Earth Group (BRLT – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $3.76.
According to TipRanks, Telsey is an analyst with an average return of -5.6% and a 37.98% success rate. Telsey covers the Consumer Goods sector, focusing on stocks such as Steven Madden, Chico’s FAS, and Designer Brands.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brilliant Earth Group with a $6.21 average price target.
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BRLT market cap is currently $360.4M and has a P/E ratio of 170.14.
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Brilliant Earth Group Inc is an innovative, digital-first jewelry company. It offers exclusive designs with superior craftsmanship and supply chain transparency, delivered to customers through a highly personalized omnichannel experience. It focuses on one operating and reporting segment which is retail sale of diamonds, gemstones and jewelry.
Read More on BRLT:
- Brilliant Earth to Report First Quarter 2023 Financial Results on May 11th
- Brilliant Earth downgraded at Raymond James on low visibility
- Brilliant Earth downgraded to Market Perform from Outperform at Raymond James
- Brilliant Earth Co-Founder and CEO Beth Gerstein Included in Inc.’s 2023 Female Founders List
- Brilliant Earth Opens New Showroom in Midtown Tampa
