Fossil (NASDAQ: FOSL) had its target price boosted by Citigroup from $108.00 to $130.00 in a report released on Wednesday. Citigroup currently has a buy rating on the stock.
Fossil traded up 0.44% on Wednesday, hitting $104.86. Fossil has a 52-week low of $62.77 and a 52-week high of $139.20. The stock’s 50-day moving average is currently $102.1. The company has a price-to-earnings ratio of 18.68.
A number of other analysts have also recently weighed in on FOSL. Analysts at Piper Jaffray raised their price target on shares of Fossil from $87.00 to $109.00 in a research note to investors on Tuesday. They now have a neutral rating on the stock. Separately, analysts at Jefferies Group set a $125.00 price target on shares of Fossil in a research note to investors on Monday. They now have a buy rating on the stock. Finally, analysts at Benchmark Co. downgraded shares of Fossil from a buy rating to a hold rating in a research note to investors on Monday. They now have a $105.00 price target on the stock.
Four research analysts have rated the stock with a buy rating, one has assigned an overweight rating, eight have given a hold rating, and two have given a sell rating to the company. The company presently has a consensus rating of hold and an average price target of $112.46.
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