Standpoint Research cut shares of HHGregg (NYSE: HGG) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning.
HGG has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of HHGregg from a neutral rating to an underperform rating in a research note to investors on Thursday, February 28th. They now have a $8.50 price target on the stock. Separately, analysts at Credit Suisse downgraded shares of HHGregg from a neutral rating to an underperform rating in a research note to investors on Tuesday, February 5th. They now have a $7.50 price target on the stock. Finally, analysts at Jefferies Group reiterated a hold rating on shares of HHGregg in a research note to investors on Friday, February 1st. They now have a $8.00 price target on the stock, up previously from $7.00.
One analyst has rated the stock with a buy rating, thirteen have issued a hold rating, and two have issued a sell rating to the company. HHGregg presently has an average rating of hold and an average price target of $7.82.
Shares of HHGregg opened at 9.65 on Tuesday. HHGregg has a one year low of $5.84 and a one year high of $12.73. The stock’s 50-day moving average is currently $9.01. The company has a market cap of $322.0 million and a P/E ratio of 4.96.
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