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KeyBanc Stick to Their Buy Rating for Oxford Industries

Published 12/10/2020, 07:35 AM
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KeyBanc analyst Edward Yruma maintained a Buy rating on Oxford Industries (NYSE:OXM) on Thursday, setting a price target of $75, which is approximately 25.00% above the present share price of $60.

Yruma expects Oxford Industries to post earnings per share (EPS) of -$0.37 for the fourth quarter of 2020.

The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Oxford Industries, with an average price target of $75.
The analysts price targets range from a high of $75 to a low of $75.

In its latest earnings report, released on 07/31/2020, the company reported a quarterly revenue of $191.99 million and a net profit of -$8.02 million. The company's market cap is $1.05 billion.

According to TipRanks.com, KeyBanc analyst Edward Yruma is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.1% and a 63.79% success rate.

Oxford Industries, Inc. engages in the design, sourcing, and marketing of apparel products. Its brands include Tommy Bahama, Lilly Pulitzer, Southern Tide, and licensed brands of tailored clothing and golf apparel. The company was founded by John Hicks Lanier, Thomas C. Chubb (NYSE:CB) III, and Sartain Lanier in 1942 and is headquartered in Atlanta, GA.

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