Susquehanna analyst Sam Poser maintained a Buy rating on Kontoor Brands (NYSE:KTB) Inc on Monday, setting a price target of $30, which is approximately 9.85% above the present share price of $27.31.
Poser expects Kontoor Brands Inc to post earnings per share (EPS) of -$0.58 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Kontoor Brands, with an average price target of $28.42.
The analysts price targets range from a high of $36 to a low of $21.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $349.25 million and a net profit of -$21.8 million. The company's market cap is $1.57 billion.
According to TipRanks.com, Susquehanna analyst Sam Poser is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.6% and a 54.31% success rate.
Kontoor Brands, Inc. engages in the manufacture and sale of apparel. It designs, manufactures, sources, markets, and distributes its portfolio of brands which include Wrangler and Lee denim, apparel, and accessories. The company was founded on November 11, 2018 and is headquartered in Greensboro, NC.