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Barclays Stick to Their Hold Rating for Chewy

Published 03/31/2021, 09:15 PM
Updated 03/31/2021, 09:15 PM


Barclays (LON:BARC) analyst Ross Sandler maintained a Hold rating on Chewy (NYSE:CHWY) on Tuesday, setting a price target of $93, which is approximately 15.70% above the present share price of $80.38.

Sandler expects Chewy to post earnings per share (EPS) of -$0.08 for the second quarter of 2021.

The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Chewy, with an average price target of $101.36.
The analysts price targets range from a high of $133 to a low of $70.

In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $1.78 billion and a net profit of -$32.31 million. The company's market cap is $33.17 billion.

According to TipRanks.com, Barclays analyst Ross Sandler is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.7% and a 66.57% success rate.

Florida-based Chewy, Inc. is an online retailer of pet food, pet supplies, prescriptions and other pet-related products for dogs, cats, fish, birds, small pets, horses, and reptiles. It serves its customers through its retail website, www.chewy.com, and its mobile applications.

Latest comments

How does an analyst write a report making an expectation a day after the earnings? Btw, Chewy turned an unexpected profit this quarter :)
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