Published On: Wed, Oct 19th, 2016

Kate Spade (NYSE:KATE) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Kate Spade (NYSE:KATE).

Most recent broker ratings

09/29/2016 – CLSA began new coverage on Kate Spade giving the company a “outperform” rating. They now have a USD 21 price target on the stock.

09/13/2016 – Kate Spade was upgraded to “outperform” by analysts at Wells Fargo. They now have a USD 23.5 price target on the stock.

08/04/2016 – Kate Spade had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 18 price target on the stock.

08/04/2016 – Kate Spade had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 23 price target on the stock.

08/04/2016 – Kate Spade had its “outperform” rating reiterated by analysts at Wedbush. They now have a USD 22 price target on the stock.

08/04/2016 – Kate Spade had its “outperform” rating reiterated by analysts at Telsey Advisory Group. They now have a USD 23 price target on the stock.

08/04/2016 – Kate Spade had its “buy” rating reiterated by analysts at Mizuho. They now have a USD 22 price target on the stock.

08/03/2016 – Kate Spade had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 20 price target on the stock.

07/11/2016 – William Blair began new coverage on Kate Spade giving the company a “outperform” rating.

06/27/2016 – Kate Spade had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 30 price target on the stock.

05/12/2016 – Kate Spade had its “buy” rating reiterated by analysts at Buckingham Research. They now have a USD 31 price target on the stock.

05/05/2016 – Kate Spade was downgraded to “equal weight” by analysts at Stephens.

03/04/2016 – Kate Spade had its “outperform” rating reiterated by analysts at Wolfe Research. They now have a USD 27 price target on the stock.

03/03/2016 – Kate Spade had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 28 price target on the stock.

03/02/2016 – Kate Spade had its “buy” rating reiterated by analysts at Nomura. They now have a USD 26 price target on the stock.

The share price of Kate Spade (NYSE:KATE) was up +2.21% during the last day of trading, with a day high of 17.72. 1524952 shares were traded during the last session.

The stock’s 50 day moving average is 18.23 and its 200 day moving average is 20.81. The stock’s market capitalization is 2.25B. Kate Spade has a 52-week low of 15.10 and a 52-week high of 26.46.

Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments, which include KATE SPADE North America, KATE SPADE International and Adelington Design Group. The KATE SPADE North America segment consists of the Company’s kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company’s kate spade new york and JACK SPADE brands in International markets (principally in Japan, Asia (excluding Japan), Europe and Latin America). The Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands, and the licensed LIZWEAR and LIZ CLAIBORNE NEW YORK brands. It operates retail stores under the kate spade new york trademark, consisting of retail stores within the United States and outside the United States (primarily in Japan, Europe and Canada). It also operates outlet and concession stores.