Christopher & Banks Stock Rating Upgraded by Sidoti (CBK)
CBK has been the subject of a number of other recent research reports. Analysts at Dougherty & Co initiated coverage on shares of Christopher & Banks in a research note to investors on Wednesday. They set a “buy” rating and a $7.50 price target on the stock. Analysts at Dougherty & Company initiated coverage on shares of Christopher & Banks in a research note to investors on Wednesday. They set a “buy” rating and a $7.50 price target on the stock.
Christopher & Banks traded up 2.28% on Thursday, hitting $6.72. Christopher & Banks has a 52-week low of $1.01 and a 52-week high of $6.98. The stock’s 50-day moving average is currently $6.31. The company’s market cap is $248.5 million.
Christopher & Banks last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.06. The company had revenue of $116.00 million for the quarter, compared to the consensus estimate of $120.66 million. During the same quarter in the previous year, the company posted ($1.50) earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Analysts expect that Christopher & Banks will post $0.07 EPS for the current fiscal year.
Christopher & Banks Corporation is a retailer of women’s apparel, which operates retail stores through its wholly owned subsidiaries.
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