KeyBanc Reiterates Buy on Liz Claiborne (LIZ)

By admin | 7 years ago

Liz Claiborne (NYSE: LIZ)‘s stock had its “buy” rating reaffirmed by KeyBanc (NYSE: KEY) in a research note issued on Friday.

A number of other firms have also recently commented on LIZ. Analysts at Wedbush raised their price target on shares of Liz Claiborne to $15.00 in a research note to investors on Wednesday, March 14th.

Liz Claiborne traded up 2.69% on Friday, hitting $13.76. Liz Claiborne has a 1-year low of $4.02 and a 1-year high of $15.37. The company’s market cap is $1.496 billion.

The company last announced its quarterly results on Thursday, April 26th. It reported ($0.21) earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of ($0.09) EPS by $0.12. The company’s quarterly revenue was down 4.1% on a year-over-year basis. Analysts expect that Liz Claiborne will post $0.05 EPS next quarter.

Liz Claiborne, Inc., incorporated in January 1976, designs and markets a global portfolio of retail-based brands, including JUICY COUTURE, KATE SPADE, LUCKY BRAND and MEXX.

About the author