In a report released today, Kimberly Greenberger from Morgan Stanley maintained a Hold rating on MYT Netherlands (MYTE – Research Report), with a price target of $6.00. The company’s shares opened today at $3.80.
Greenberger covers the Consumer Cyclical sector, focusing on stocks such as Foot Locker, Under Armour, and Torrid Holdings. According to TipRanks, Greenberger has an average return of 2.4% and a 56.43% success rate on recommended stocks.
MYT Netherlands has an analyst consensus of Moderate Buy, with a price target consensus of $7.67, implying a 101.84% upside from current levels. In a report released on June 14, Jefferies also initiated coverage with a Hold rating on the stock with a $4.00 price target.
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The company has a one-year high of $15.90 and a one-year low of $3.75. Currently, MYT Netherlands has an average volume of 124K.
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MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.
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