Analysts Recommendations Ascena Retail Group Inc. (ASNA)

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08 July, 2017

Ascena Retail Group has a 52-week low of $1.65 and a 52-week high of $9.12. The stock price increased 6.51% or $-0.14 versus $2.15 at the end of the prior session. The company was maintained on Tuesday, September 20 by Telsey Advisory. Investors may also be paying close concentration to some simple moving average indicators on shares of Rent-A-Center, Inc.

In the past 5 years, the stock showed growth of -31.85% per annum. The firm has "Neutral" rating by Goldman Sachs given on Thursday, February 11. About 847,632 shares traded. The company had Year Ago Sales of 1.81 Billion. Honda Motor Ltd now has $50.33B valuation. Honda Motor Co Ltd (ADR) (NYSE:HMC) has risen 4.10% since July 6, 2016 and is uptrending. It has underperformed by 0.14% the S&P500. A score above three means the company is not likely to go bankrupt, while score less than 1.8 suggests the firm is probably headed for bankruptcy. 32,500 Nuance Communications Inc. The lowest target is $7.0 while the high is $7.0. $95,236 worth of Nuance Communications Inc. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Therefore 80% are positive. They now have a United States dollars 18 price target on the stock. The stock has "Buy" rating by Jefferies on Friday, May 13. The company was downgraded on Friday, October 9 by Jefferies. The brokerage now has a "hold" rating on the specialty retailer's stock. Jefferies has "Buy" rating and $35 target. The rating was maintained by UBS with "Neutral" on Tuesday, August 9. Its up 8.26% from 46.26 million shares, reported previously. Thrivent Financial for Lutherans boosted its position in shares of Ascena Retail Group by 245.8% in the fourth quarter. It also reduced Unisys Corporation (NYSE:UIS) stake by 680,089 shares and now owns 5.75 million shares. Its up 0.32, from 0.79 in 2016Q3. In contrast, the average volume was 1.68 million shares. Metropolitan Life Insurance Co. (NYSE:QEP) higher to the next line of resistance at $10.15 a share. First Mercantile Tru Company accumulated 16,546 shares.

The volume of the particular stock is the shares bought and sold in a single trading day.

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Institutional investors now hold around $447 million or 74.7% in ASNA stock. (NASDAQ:NUAN). Sumitomo Mitsui Asset has 0.48% invested in Nuance Communications Inc. Carnegie Capital Asset Lc accumulated 0.06% or 27,567 shares.

26,688 were reported by Boothbay Fund Lc. (NASDAQ ASNA) traded down 2.96% during trading on Friday, hitting $1.97. About 309,917 shares traded.

On the other hand Ascena Retail Grp Cmn (NASDAQ:ASNA) has Relative Strength Index (RSI 14) of 41.01 along with Average True Range (ATR 14) of 0.18. Its up 0.32, from 0.79 in 2016Q3. 48 funds opened positions while 61 raised stakes. Gross Profit (ttm) is 3.93 Million.

Many analysts are providing their Estimated Earnings analysis for Ascena Retail Group Inc. and for the current quarter 7 analysts have projected that the stock could give an Average Earnings estimate of $-0.04/share. Credit Suisse Ag stated it has 0% in Ascena Retail Group Inc (NASDAQ:ASNA).

Ascena Retail Group Incorporated (NASDAQ:ASNA) had an increase of 8.26% in short interest. Golden Gate Private Equity Incorporated invested in 42.3% or 17.47 million shares. ASNA price is down almost -349.26% from its 52-week high price of $9.12 a share but is up about 18.72% from its 52-week low price of $1.65 a share. Dynamic Cap Limited reported 90,851 shares.

10/16/2015 - Stephens began new coverage on Ascena Retail Group, Inc. giving the company a "overweight" rating. Comerica Bank raised its stake in shares of Ascena Retail Group by 56.1% in the fourth quarter. Peak6 Invs L P holds 0% or 28,606 shares.

03/07/2017 - Ascena Retail Group, Inc. was downgraded to "sell" by analysts at Citigroup.

09/20/2016 - Ascena Retail Group, Inc. was downgraded to "market perform" by analysts at FBR Capital Markets. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It now has negative earnings. The ANN segment offers feminine classics and fashion choices, unloaded primarily under the Ann Taylor and LOFT brands.

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