B. Riley restated their neutral rating on shares of Iconix Brand Group, Inc. (NASDAQ:ICON) in a research note released on Wednesday, November 1st. They currently have a $4.00 price target on the brand management company’s stock, down from their prior price target of $8.50.
Other equities analysts also recently issued reports about the stock. FBR & Co reissued an outperform rating and issued a $8.50 price target on shares of Iconix Brand Group in a report on Wednesday, August 9th. Zacks Investment Research raised shares of Iconix Brand Group from a sell rating to a hold rating in a report on Monday, July 17th. BidaskClub raised shares of Iconix Brand Group from a sell rating to a hold rating in a report on Tuesday, July 25th. Sidoti initiated coverage on shares of Iconix Brand Group in a report on Tuesday, September 19th. They set a neutral rating and a $6.00 price objective on the stock. Finally, Roth Capital downgraded shares of Iconix Brand Group from a buy rating to a neutral rating and set a $2.00 price objective on the stock. in a report on Monday, October 30th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The stock currently has a consensus rating of Hold and an average price target of $5.00.
Iconix Brand Group (ICON) opened at $2.27 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.27. The firm has a market cap of $123.86, a PE ratio of 2.08 and a beta of 1.30. Iconix Brand Group has a fifty-two week low of $1.44 and a fifty-two week high of $10.80.
About Iconix Brand Group
Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.
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