Susquehanna Initiates a Buy Rating on Kontoor Brands Inc (KTB)

Kontoor Brands Inc (KTBResearch Report) received a Buy rating and a $36 price target from Susquehanna analyst Sam Poser today. The company’s shares closed yesterday at $27.16, equals to its 52-week low of $27.16.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.2% and a 49.5% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.

Currently, the analyst consensus on Kontoor Brands Inc is a Hold with an average price target of $36.

See today’s analyst top recommended stocks >>

The company has a one-year high of $41.75 and a one-year low of $27.16. Currently, Kontoor Brands Inc has an average volume of 2.14M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kontoor Brands, Inc. engages in the manufacture and sale of apparel. It designs, manufactures, sources, markets, and distributes its portfolio of brands which include Wrangler and Lee denim, apparel, and accessories. The company was founded on November 11, 2018 and is headquartered in Greensboro, NC.

Leave a Reply

Your email address will not be published. Required fields are marked *