Citi analyst Paul Lejuez maintained a Hold rating on Hanesbrands (HBI – Research Report) today and set a price target of $5.50. The company’s shares closed yesterday at $5.10.
According to TipRanks, Lejuez is a 5-star analyst with an average return of 10.6% and a 60.78% success rate. Lejuez covers the Consumer Cyclical sector, focusing on stocks such as Costco, Deckers Outdoor, and Dollar Tree.
The word on The Street in general, suggests a Hold analyst consensus rating for Hanesbrands with a $5.50 average price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $11.33 and a one-year low of $3.85. Currently, Hanesbrands has an average volume of 8.71M.
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.
Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear, and International. The Innerwear segment includes core apparel products, such as men’s underwear, women’s panties, children’s underwear, socks and intimate apparel, sold in the United States (US). The Activewear segment consists of activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals, sold in the US. The International segment composes of innerwear, activewear, hosiery and home goods products, sold outside of the US. Its brands include Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.
Read More on HBI:
