SunTrust Banks, Inc. set a $12.00 price target on Chico’s FAS, Inc. (NYSE:CHS) in a research report released on Monday. The brokerage currently has a buy rating on the specialty retailer’s stock.

CHS has been the subject of a number of other research reports. BidaskClub upgraded shares of Chico’s FAS from a strong sell rating to a sell rating in a research report on Tuesday, June 27th. FBR & Co reiterated a buy rating and set a $14.00 price target (down from $16.00) on shares of Chico’s FAS in a report on Thursday, August 31st. ValuEngine upgraded shares of Chico’s FAS from a hold rating to a buy rating in a report on Thursday, July 6th. Jefferies Group LLC reiterated a hold rating and set a $8.00 price target (up from $7.00) on shares of Chico’s FAS in a report on Thursday, September 28th. Finally, Royal Bank Of Canada reiterated a buy rating on shares of Chico’s FAS in a report on Thursday, August 31st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $11.69.

Shares of Chico’s FAS (NYSE:CHS) traded up 0.98% during mid-day trading on Monday, reaching $7.22. 432,818 shares of the company traded hands. The company has a market capitalization of $907.14 million, a P/E ratio of 10.07 and a beta of 0.68. The stock’s 50-day moving average is $8.30 and its 200-day moving average is $9.97. Chico’s FAS has a 52 week low of $6.96 and a 52 week high of $16.85.

Chico’s FAS (NYSE:CHS) last announced its earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). The business had revenue of $578.60 million for the quarter, compared to analyst estimates of $578.58 million. Chico’s FAS had a return on equity of 15.57% and a net margin of 3.94%. The business’s revenue was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 EPS. On average, equities analysts predict that Chico’s FAS will post $0.65 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parkwood LLC purchased a new stake in Chico’s FAS during the second quarter worth approximately $102,000. PNC Financial Services Group Inc. grew its stake in Chico’s FAS by 6.6% during the first quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock worth $109,000 after buying an additional 473 shares during the period. Flinton Capital Management LLC grew its stake in Chico’s FAS by 85.7% during the second quarter. Flinton Capital Management LLC now owns 13,776 shares of the specialty retailer’s stock worth $130,000 after buying an additional 6,356 shares during the period. Welch & Forbes LLC purchased a new stake in Chico’s FAS during the second quarter worth approximately $133,000. Finally, Koch Industries Inc. purchased a new stake in Chico’s FAS during the second quarter worth approximately $142,000.

About Chico’s FAS

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

Analyst Recommendations for Chico`s FAS (NYSE:CHS)

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