Recent Research Analysts’ Ratings Changes for Tiffany & Co. (TIF)

Tiffany & Co. (NYSE: TIF) has recently received a number of price target changes and ratings updates:

  • 4/14/2017 – Tiffany & Co. had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 4/10/2017 – Tiffany & Co. had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $107.00 price target on the stock.
  • 4/8/2017 – Tiffany & Co. had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 4/4/2017 – Tiffany & Co. had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $110.00 price target on the stock.
  • 3/20/2017 – Tiffany & Co. had its price target raised by analysts at Instinet from $98.00 to $102.00. They now have a “buy” rating on the stock.
  • 3/20/2017 – Tiffany & Co. had its price target raised by analysts at Cowen and Company from $91.00 to $107.00. They now have an “outperform” rating on the stock.
  • 3/20/2017 – Tiffany & Co. was upgraded by analysts at William Blair from a “market perform” rating to an “outperform” rating.
  • 3/20/2017 – Tiffany & Co. had its price target lowered by analysts at Telsey Advisory Group from $110.00 to $93.00. They now have an “outperform” rating on the stock.
  • 3/20/2017 – Tiffany & Co. had its price target raised by analysts at Citigroup Inc from $81.00 to $91.00. They now have a “neutral” rating on the stock.
  • 3/18/2017 – Tiffany & Co. was given a new $110.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 3/17/2017 – Tiffany & Co. was given a new $89.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 3/17/2017 – Tiffany & Co. had its price target raised by analysts at Mizuho from $74.00 to $85.00. They now have a “neutral” rating on the stock.
  • 3/17/2017 – Tiffany & Co. had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $93.00 price target on the stock.
  • 3/16/2017 – Tiffany & Co. was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “We believe Tiffany’s omni-channel platform, store expansion programs, tapping of new markets and venturing into new revenue generating avenues may help improve performance, as evident from back-to-back positive earnings surprises. However, the lackluster performance this holiday season may hurt the stock in the near term that has outperformed the industry in the past one year. Management stated that soft consumer spending and lowered sales at Fifth Avenue Flagship Store on account of its proximity to the Trump Tower hurt its sales. Further, the company pointed that though macroeconomic headwinds will prevail in 2017, it will counter the same through strategic initiatives and cost containment efforts. Management anticipates earnings per share for fiscal 2016 to decline by “no more than a mid-single-digit percentage” and reaffirmed that worldwide net sales is expected to decline by a low-single-digit percentage.”
  • 3/16/2017 – Tiffany & Co. was given a new $105.00 price target on by analysts at Oppenheimer Holdings Inc.. They now have a “buy” rating on the stock.
  • 3/15/2017 – Tiffany & Co. had its “positive” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $102.00 price target on the stock.
  • 3/6/2017 – Tiffany & Co. had its price target raised by analysts at Instinet from $84.00 to $98.00. They now have a “buy” rating on the stock.
  • 2/22/2017 – Tiffany & Co. had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $91.00 price target on the stock.

Shares of Tiffany & Co. (NYSE:TIF) traded up 0.64% during mid-day trading on Thursday, hitting $92.14. The company’s stock had a trading volume of 914,836 shares. The company has a market cap of $11.48 billion, a price-to-earnings ratio of 25.95 and a beta of 1.89. The stock’s 50 day moving average price is $92.29 and its 200 day moving average price is $82.21. Tiffany & Co. has a 52-week low of $56.99 and a 52-week high of $97.29.

Tiffany & Co. (NYSE:TIF) last posted its quarterly earnings results on Friday, March 17th. The specialty retailer reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Tiffany & Co. had a return on equity of 15.97% and a net margin of 11.33%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.46 earnings per share. Equities analysts forecast that Tiffany & Co. will post $3.96 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 10th. Shareholders of record on Monday, March 20th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 16th. This represents a $1.80 dividend on an annualized basis and a yield of 1.95%. Tiffany & Co.’s dividend payout ratio is presently 50.42%.

In other Tiffany & Co. news, insider Andrew W. Hart sold 969 shares of the firm’s stock in a transaction dated Tuesday, March 28th. The stock was sold at an average price of $95.43, for a total transaction of $92,471.67. Following the sale, the insider now directly owns 5,623 shares of the company’s stock, valued at $536,602.89. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Winter Jennifer De sold 21,100 shares of the firm’s stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $93.52, for a total value of $1,973,272.00. Following the sale, the insider now directly owns 16,344 shares in the company, valued at $1,528,490.88. The disclosure for this sale can be found here. Over the last three months, insiders have sold 113,709 shares of company stock worth $10,380,362. Insiders own 1.40% of the company’s stock.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

5 Day Chart for NYSE:TIF

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