PVH (PVH) Received its Third Buy in a Row

After Credit Suisse and Wells Fargo gave PVH (NYSE: PVH) a Buy rating last month, the company received another Buy, this time from Guggenheim. Analyst Robert Drbul maintained a Buy rating on PVH today. The company’s shares closed last Monday at $105.13.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 9.4% and a 67.8% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings, Burlington Stores, and Capri Holdings.

PVH has an analyst consensus of Moderate Buy, with a price target consensus of $110.82, implying a 7.8% upside from current levels. In a report issued on December 5, Morgan Stanley also maintained a Buy rating on the stock with a $138.00 price target.

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PVH’s market cap is currently $7.79B and has a P/E ratio of 12.28. The company has a Price to Book ratio of 1.29.

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PVH Corp. engages in the design and marketing of branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, and other related products. It operates through the following segments: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail. The Calvin Klein North America and Calvin Klein International segment operates in North America; and Europe, Asia, and Brazil respectively. It sells its products under the brand names CALVIN KLEIN 205 W39 NYC, CK Calvin Klein, and CALVIN KLEIN. The Tommy Hilfiger North America and Tommy Hilfiger International segment wholesales in North America; and Europe and China respectively. It consists of Tommy Hilfiger, Hilfiger Denim, Hilfiger Collection, and Tommy Hilfiger Tailored brands. The Heritage Brands Wholesale segment markets its products to department, chain, and specialty stores, digital commerce sites operated by select wholesale partners and pure play digital commerce retailers in North America. The Heritage Brands Retail segment manages retail stores, primarily located in outlet centers throughout the United States and Canada. PVH was founded in 1881 and is headquartered in New York, NY.