Zacks upgraded shares of Inter Parfums (NASDAQ: IPAR) from a neutral rating to an outperform rating in a research note issued to investors on Friday. The firm currently has $25.80 target price on the stock.
A number of other firms have also recently commented on IPAR. Analysts at B. Riley upgraded shares of Inter Parfums from a neutral rating to a buy rating in a research note to investors on Thursday, January 31st. They now have a $27.00 price target on the stock. Separately, analysts at upgraded shares of Inter Parfums from a neutral rating to a buy rating in a research note to investors on Thursday, January 31st. They now have a $27.00 price target on the stock, up previously from $22.50. Finally, analysts at Citigroup reiterated a neutral rating on shares of Inter Parfums in a research note to investors on Wednesday, January 30th. They now have a $22.00 price target on the stock, up previously from $20.00.
Three investment analysts have rated the stock with a buy rating, one has issued an overweight rating, and three have issued a hold rating to the company’s stock. Inter Parfums currently has an average rating of overweight and a consensus price target of $24.17.
Inter Parfums traded up 4.96% on Friday, hitting $23.89. Inter Parfums has a 1-year low of $15.00 and a 1-year high of $24.00. The stock’s 50-day moving average is currently $21.64. The company has a market cap of $730.7 million and a price-to-earnings ratio of 19.62.
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