Capri Holdings (CPRI) Receives a Buy from Guggenheim

Guggenheim analyst Robert Drbul maintained a Buy rating on Capri Holdings (CPRIResearch Report) today and set a price target of $45.00. The company’s shares closed last Monday at $33.37.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 9.2% and a 67.0% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings, Burlington Stores, and TJX Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capri Holdings with a $40.67 average price target, a 22.5% upside from current levels. In a report issued on February 3, BMO Capital also initiated coverage with a Buy rating on the stock with a $41.00 price target.

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The company has a one-year high of $50.00 and a one-year low of $25.25. Currently, Capri Holdings has an average volume of 2.25M.

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Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women’s apparel and accessories and men’s apparel. It operates through the following segments: Versace, Jimmy Choo and Michael Kors.