(NASDAQ:FIVE) PT Lowered to $165.00
The price target for Five Below (NASDAQ:FIVE) has been raised by analysts at Morgan Stanley to $145.
In a report released on 30 Aug 22, UBS Group lowered its price objective for Five Below (NASDAQ:FIVE - Get Rating) from $180 to $165, according to The Fly.
FIVE gained $6.20, reaching $134.08. 46,951 shares of the company's stock exchanged hands as opposed to the 944,389 average trading volume.
52-week low and high prices for Five Below are $109.49 and $221.00, respectively. The company's fifty-day and two-hundred-day moving averages are $127.61 and $143.36 respectively.
With a market value of $7.44 billion, a price-to-earnings ratio of 28.71, a P/E/G ratio of 1.32, and a beta of 1.33, the stock has a number of impressive metrics.
The stock of the specialty retailer currently has a "buy" rating from the brokerage. The price target set by UBS Group indicates a potential gain of 29.03% from the company's most recent close.
Recently, the stock has received commentary from a number of other equities research analysts. On Thursday, July 28th, MKM Partners assumed coverage on Five Below's stock in a research report.
Gordon Haskett downgraded shares of Five Below from a "buy" rating to a "accumulate" rating & set a $140.00 price objective on the stock.
Deutsche Bank Aktiengesellschaft increased their price objective for Five Below from $204.00 to $205.00 and assigned the company a "buy" rating.
During the 4th quarter, Acadian Asset Management LLC added a new stake in Five Below worth about $28,000
11 Trading Strategies for Beginners
Check the some online stock
strategies for beginners.