Piper Sandler analyst Peter Keith maintained a Buy rating on Savers Value Village Inc. (SVV – Research Report) today and set a price target of $19.00. The company’s shares closed yesterday at $17.15.
According to TipRanks, Keith is a 5-star analyst with an average return of 11.2% and a 53.83% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Wayfair, Beyond Inc, and Floor & Decor Holdings.
Currently, the analyst consensus on Savers Value Village Inc. is a Strong Buy with an average price target of $23.29, a 35.80% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $21.00 price target.
SVV market cap is currently $2.77B and has a P/E ratio of 42.32.
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.
Savers Value Village Inc. (SVV) Company Description:
Savers Value Village, Inc. sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Village des Valeurs, Unique, and 2nd Avenue banners. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners, then processes, selects, prices, merchandises, and sells them in its stores. It serves retail and wholesale customers. The company was formerly known as S-Evergreen Holding LLC and changed its name to Savers Value Village, Inc. in January 2022. The company was founded in 1954 and is based in Bellevue, Washington.
