Oxford Industries (NYSE:OXM) had its price objective boosted by investment analysts at Telsey Advisory Group from $65.00 to $68.00 in a report issued on Wednesday. The firm presently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price objective points to a potential upside of 2.75% from the stock’s previous close.
A number of other equities analysts also recently commented on the company. DA Davidson upped their target price on Oxford Industries to $71.00 and gave the company a “positive” rating in a report on Wednesday. Needham & Company LLC downgraded Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 target price for the company. in a report on Friday, December 1st. They noted that the move was a valuation call. KeyCorp restated a “buy” rating and set a $78.00 target price on shares of Oxford Industries in a report on Friday, November 24th. B. Riley restated a “buy” rating on shares of Oxford Industries in a report on Wednesday, November 1st. Finally, Zacks Investment Research downgraded Oxford Industries from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $69.80.
Shares of Oxford Industries (NYSE OXM) opened at $66.18 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.68 and a quick ratio of 0.70. Oxford Industries has a 12-month low of $49.50 and a 12-month high of $72.36. The firm has a market capitalization of $1,118.31, a P/E ratio of 21.30, a price-to-earnings-growth ratio of 1.83 and a beta of 0.39.
A number of hedge funds have recently modified their holdings of OXM. Schwab Charles Investment Management Inc. grew its stake in Oxford Industries by 6.5% in the first quarter. Schwab Charles Investment Management Inc. now owns 84,679 shares of the textile maker’s stock worth $4,849,000 after purchasing an additional 5,202 shares during the period. State Street Corp grew its stake in Oxford Industries by 7.2% in the first quarter. State Street Corp now owns 353,079 shares of the textile maker’s stock worth $20,218,000 after purchasing an additional 23,768 shares during the period. Aperio Group LLC grew its stake in Oxford Industries by 26.0% in the second quarter. Aperio Group LLC now owns 6,803 shares of the textile maker’s stock worth $425,000 after purchasing an additional 1,403 shares during the period. Strs Ohio purchased a new stake in Oxford Industries in the second quarter worth $874,000. Finally, Great West Life Assurance Co. Can grew its stake in Oxford Industries by 3.9% in the second quarter. Great West Life Assurance Co. Can now owns 21,520 shares of the textile maker’s stock worth $1,344,000 after purchasing an additional 815 shares during the period. 89.14% of the stock is currently owned by institutional investors.
TRADEMARK VIOLATION NOTICE: “Oxford Industries (OXM) Price Target Raised to $68.00” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.com-unik.info/2017/12/06/oxford-industries-oxm-price-target-raised-to-68-00.html.
Oxford Industries Company Profile
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
What are top analysts saying about Oxford Industries Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Oxford Industries Inc. and related companies.