Jefferies Group restated their buy rating on shares of Pier 1 Imports (NYSE:PIR) in a report issued on Friday, AR Network reports.
PIR has been the subject of a number of other recent research reports. Analysts at Credit Suisse upgraded shares of Pier 1 Imports (NYSE:PIR) from a neutral rating to an outperform rating in a research note to investors on Friday. They now have a $25.00 price target on the stock. Analysts at Argus upgraded shares of Pier 1 Imports (NYSE:PIR) from a hold rating to a buy rating in a research note to investors on Wednesday, July 17th. They now have a $27.00 price target on the stock.
Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Pier 1 Imports presently has an average rating of Buy and an average target price of $22.83.
Pier 1 Imports (NYSE:PIR) opened at 20.80 on Friday. Pier 1 Imports has a one year low of $18.05 and a one year high of $25.29. The stock’s 50-day moving average is $22.3 and its 200-day moving average is $23.10. The company has a market cap of $2.197 billion and a price-to-earnings ratio of 18.06.
Pier 1 Imports, Inc (NYSE:PIR) is a specialty retailer of decorative home furnishings and gifts.
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