Loading...
Loading...
Citigroup maintained Hanesbrands
HBI with a Buy rating and a $48 price target.
Citigroup noted, "HBI reports 4Q12 EPS on 02/05/13 (AMC). We are expecting $1.07 versus the street at $0.98. HBI guided 4Q12 EPS to $1.00-$1.06. HBI's 2012 EPS guidance is $2.54-$2.60 vs. our estimate of $2.63 and consensus of $2.53. We believe investors will focus on 2013 expectations and guidance, pricing expectations, unit growth, market share gains, the cotton windfall in 2013, acquisitions, and capital allocation. We reiterate our Buy (1) rating on HBI."
Hanesbrands closed at $37.74 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in