Citigroup Inc. Trims Finish Line, Inc. (FINL) Target Price to $19.00

Brean Capital reaffirmed a buy rating and issued a $24.00 price objective on shares of The Finish Line in a research note on Monday, October 3rd. BBY initiated the stock with "Hold" rating in Friday, December 4 report.

Several research analysts have commented on FINL shares. Zacks Investment Research raised shares of Finish Line from a sell rating to a hold rating in a research report on Friday, December 15th. Morgan Stanley reissued an equal weight rating on shares of The Finish Line in a research note on Wednesday, October 12th. Finally, Cowen upgraded Finish Line from an underperform rating to a hold rating and set a $12.00 price target for the company in a research note on Thursday, December 21st. Canaccord Genuity raised their price target on Finish Line from $8.00 to $9.00 and gave the company a "hold" rating in a report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and four have assigned a buy rating to the company. The stock now has a consensus rating of "Hold" and an average target price of $11.29.

Finish Line (NASDAQ FINL) traded up $0.33 during mid-day trading on Friday, reaching $13.64. Finish Line has a 12 month low of $6.90 and a 12 month high of $18.30. The stock has a market cap of $534.98, a P/E ratio of 52.12, a PEG ratio of 1.92 and a beta of 1.37.

(NASDAQ:FINL). Principal Fin Grp Incorporated Inc holds 0% of its portfolio in The Finish Line, Inc. The specialty retailer reported ($0.26) earnings per share for the quarter, topping analysts' consensus estimates of ($0.36) by $0.10. Finish Line had a positive return on equity of 5.43% and a negative net margin of 0.62%. The company had revenue of $378.50 million during the quarter, compared to analysts' expectations of $361.46 million. (NASDAQ:FINL) rating on Thursday, December 22.

A number of institutional investors have recently modified their holdings of the stock. California Public Employees Retirement System now owns 217,659 shares of the specialty retailer's stock worth $3,084,000 after purchasing an additional 7,600 shares during the period. Teacher Retirement System of Texas boosted its position in shares of The Finish Line by 13.8% in the second quarter. Ameriprise Financial Inc. now owns 255,915 shares of the specialty retailer's stock valued at $3,626,000 after buying an additional 42,881 shares in the last quarter. Mason Street Advisors LLC bought a new position in shares of The Finish Line during the second quarter valued at about $167,000. Schwab Charles Investment Management Inc. now owns 488,067 shares of the specialty retailer's stock valued at $6,916,000 after buying an additional 79,086 shares in the last quarter. Finish Line earned a news impact score of 0.21 on Accern's scale. Finish Line's revenue was up 1.8% on a year-over-year basis.

WARNING: This article was originally reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of USA & global copyright & trademark legislation. The original version of this report can be read at https://www.truebluetribune.com/2018/01/12/finish-line-finl-getting-somewhat-favorable-press-coverage-accern-reports.html.

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. Buckingham Research downgraded The Finish Line, Inc. The firm offers athletic shoes, as well as an assortment of apparel and accessories of Nike, Brand Jordan, adidas, Under Armour, Puma, and other brands.

Altre Notizie