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Michael Kors Holdings Ltd 5.3% Potential Upside Now Implied by Mizuho

Michael Kors Holdings Ltd with TICKER NYSE:KORS had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘NEUTRAL’ yesterday by research analysts at Mizuho. Michael Kors Holdings Ltd are listed in the Consumer Non-Durables sector within NYSE. Mizuho have set a target price of 38 USD on its stock. This now indicates the analyst believes there is a potential upside of 5.3% from the opening price of 36.09 USD.

 

Michael Kors Holdings Ltd NYSE:KORS has a 50 day moving average of 44.56 USD and a 200 Day Moving Average share price is recorded at 48.11 USD. The 52 week high for the share price is currently at 59.49 USD while the year low stock price is currently 34.92 USD. Over the last 30 and 90 trading days the company share price has decreased 6.72 points and decreased 10.9 points respectively. There are currently 165,288,396 shares in issue with the average daily volume traded being 2,042,946. Market capitalisation for NYSE:KORS is $6,085,918,690.00 USD.

 

Michael Kors Holdings Ltd is a designer, marketer, distributor and retailer of branded women’s apparel and accessories and men’s apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. The Company operates through three segments: retail, wholesale and licensing.

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