Kate Spade & Co Downgraded by – BMO Capital Markets

BMO Tête Markets lowered shares of Kate Spade & Co (NASDAQ: KATE) from an outperform rating to a niche perform rating in a research submit released on Thursday morning, TheFlyOnTheWall. com reports. BMO Capital Opportunities currently has $32. 00 selling price objective on the stock, down using their company previous price objective of $48. 00.

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BMO Capital Markets also offers modified their ratings on a volume of other stocks in the few days. Their firm upgraded shares of Agnico Eagle Mines Ltd from a niche perform rating to an outperform value. Also, BMO Capital Markets reduced shares of Mallinckrodt PLC from your outperform rating to a market carry out rating. Their analysts now have a huge $95. 00 price target located on that stock. They noted that their move was a valuation call.

Explains to you of Kate Spade & Company (NASDAQ: KATE) traded up zero. 28% on Thursday, hitting $28. 24. The stock had a purchasing volume of 735, 322 shares. Kate Spade & Co has a 52-week low of $24. 07 even a 52-week high of $42. 87. Their stock has a 50-day moving most of $30. 22 and a 200-day moving average of $31. fifty nine. The company has a market cap related with $3. 590 billion and a PRICE TO EARNINGS ratio of 16. 67.

Some other equities research analysts have also a week ago issued reports about the stock. Industry analysts at Cowen and Company caused coverage on shares of Kate Spade & Co in a scientific studies note on Tuesday, December sixteenth. They set an outperform value and a $35. 00 price laser target on the stock. Analysts at Stephens initiated coverage on shares related with Kate Spade & Co a new research note on Tuesday, To 9th. They set an equal too much weight rating on the stock. Finally, pros at Bank of America enhanced shares of Kate Spade + Co from a neutral rating to a great buy rating in a research remember on Monday, November 24th. Now they have a $34. 00 price laser target on the stock, up previously with $33. 00. Five investment pros have rated the stock with a manage rating and six have given a buy rating to the commodity. Kate Spade & Co comes with average rating of Buy as well as the an average target price of $35. 19.

Kate Spade & Co, recently Fifth & Pacific Companies Incorporation, designs and markets a methods of retail-based, premium brands, incorporating Juicy Couture uk, KATE SPADE as well as the LUCKY BRAND.

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