In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Five Below (FIVE – Research Report), with a price target of $230.00. The company’s shares closed last Wednesday at $160.20.
According to TipRanks.com, Feldman is a 5-star analyst with an average return of 15.5% and a 60.6% success rate. Feldman covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Bed Bath & Beyond, and Party City Holdco.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Five Below with a $220.20 average price target, a 35.9% upside from current levels. In a report released today, Citigroup also upgraded the stock to Buy with a $205.00 price target.
The company has a one-year high of $237.86 and a one-year low of $143.44. Currently, Five Below has an average volume of 827.7K.
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Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
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