tiprankstipranks
Blurbs

Hanesbrands (HBI) Receives a Hold from Barclays

Barclays analyst Adrienne Yih maintained a Hold rating on Hanesbrands (HBIResearch Report) on August 12 and set a price target of $11.00. The company’s shares closed last Friday at $10.57.

Yih covers the Consumer Goods sector, focusing on stocks such as American Eagle, Capri Holdings, and Dick’s Sporting Goods. According to TipRanks, Yih has an average return of 1.7% and a 45.75% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hanesbrands with a $12.20 average price target, representing a 15.42% upside. In a report released on August 4, Citigroup also maintained a Hold rating on the stock with a $11.00 price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $19.83 and a one-year low of $9.58. Currently, Hanesbrands has an average volume of 5.97M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear, and International. The Innerwear segment includes core apparel products, such as men’s underwear, women’s panties, children’s underwear, socks and intimate apparel, sold in the United States (US). The Activewear segment consists of activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals, sold in the US. The International segment composes of innerwear, activewear, hosiery and home goods products, sold outside of the US. Its brands include Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.

Read More on HBI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More