Should Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) Shares Be Watched After Loop Capital Markets Initiates Coverage?

June 20, 2018 - By Eugene Smith

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Logo

Why Has Loop Capital Markets Given Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) a $75.0000 Price Target

Equity research analysts at Loop Capital Markets gave a key Hold rating for Ollie’s Bargain Outlet Holding (NASDAQ:OLLI). The firm has started coverage in analysts report issued to investors and clients on Monday, 18 June. The price target would suggest downside of -0.96 % from the last price.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Ratings Coverage

Among 13 analysts covering Ollie’s Bargain Outlet Holding (NASDAQ:OLLI), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Ollie’s Bargain Outlet Holding has $84 highest and $46 lowest target. $70.08’s average target is -7.45% below currents $75.725 stock price. Ollie’s Bargain Outlet Holding had 19 analyst reports since January 8, 2018 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $7000 target in Wednesday, April 4 report. The firm earned “Outperform” rating on Wednesday, June 6 by Credit Suisse. The firm has “Neutral” rating by Bank of America given on Thursday, April 5. The rating was maintained by JP Morgan on Tuesday, April 10 with “Overweight”. Stephens maintained the shares of OLLI in report on Thursday, April 5 with “Buy” rating. The stock has “Buy” rating by Goldman Sachs on Wednesday, May 16. The stock of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has “Buy” rating given on Monday, January 8 by Stephens. Wells Fargo maintained the stock with “Hold” rating in Wednesday, June 6 report. The company was maintained on Tuesday, January 16 by RBC Capital Markets. KeyBanc Capital Markets maintained Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) rating on Thursday, April 5. KeyBanc Capital Markets has “Overweight” rating and $65 target.

The stock decreased 0.62% or $0.475 during the last trading session, reaching $75.725. About 12,781 shares traded. Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has risen 68.10% since June 20, 2017 and is uptrending. It has outperformed by 55.53% the S&P500.

Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise. The company has market cap of $4.72 billion. The firm offers food products, housewares, books and stationery products, bed and bath products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting goods, pet products, luggage, automotive, seasonal, furniture, summer furniture, and lawn and garden. It has a 35.6 P/E ratio. As of August 02, 2017, it operated 250 store locations across 20 states in the United States.

More notable recent Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) news were published by: Streetinsider.com which released: “After-Hours Movers 6/5: (VBLT) (NCS) (LAYN) Higher; (AMBA) (OLLI) (IMGN) Lower (more…)” on June 05, 2018, also Streetinsider.com with their article: “Pre-Open Movers 06/06: (AXON) (VBLT) (SIG) Higher; (AMBA) (IMGN) (OLLI) Lower (more…)” published on June 06, 2018, Benzinga.com published: “Earnings Scheduled For June 5, 2018” on June 05, 2018. More interesting news about Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) were released by: Seekingalpha.com and their article: “Ollie’s Bargain Outlet Holdings, Inc. (OLLI) CEO Mark Butler on Q1 2018 Results – Earnings Call Transcript” published on June 06, 2018 as well as Seekingalpha.com‘s news article titled: “Game Plan For The Week – Cramer’s Mad Money (6/1/18)” with publication date: June 04, 2018.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Ratings Chart

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