Tiffany & Co. – Consensus Indicates Potential -3.2% Downside

Broker Ratings
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Tiffany & Co. with ticker code (TIF) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 135 and 119 calculating the mean target price we have 126.96. Now with the previous closing price of 131.17 this indicates there is a potential downside of -3.2%. The 50 day moving average now sits at 122.89 while the 200 day moving average is 122.91. The market capitalisation for the company is $15,948m. You can visit the company’s website by visiting: http://www.tiffany.com

The potential market cap would be $15,436m based on the market concensus.

Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry and other items. The company offers jewelry collections, engagement rings, and wedding bands. It also sells watches, home and accessories products, and fragrances; and wholesales diamonds and earnings. The company sells its products through retail, Internet and catalog, business-to-business, and wholesale distribution channels. As of January 31, 2020, it operated 124 stores in the Americas, 91 stores in the Asia-Pacific, 58 stores in Japan, 48 stores in Europe, and 5 stores in the United Arab Emirates. Tiffany & Co. was founded in 1837 and is headquartered in New York, New York.

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