iMedia Brands – Consensus Indicates Potential 118.3% Upside

Broker Ratings

iMedia Brands with ticker code (IMBI) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 19 and 12 calculating the average target price we see 14.67. Given that the stocks previous close was at 6.72 this indicates there is a potential upside of 118.3%. The day 50 moving average is 6.26 and the 200 day moving average is 5.92. The market capitalisation for the company is $83m. Company Website: http://www.imediabrands.com

iMedia Brands operates as a multiplatform interactive digital commerce company in the United States. The company markets, sells, and distributes products to consumers through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics comprising home décor, bed and bath textiles, cookware, kitchen electrics, tabletop accessories, and home furnishings; beauty products, such as skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, including apparel, outerwear, intimates, handbags, accessories, and footwear. It has access to approximately 87 million homes primarily on cable and satellite systems, as well as offers its products through online at evine.com. The company was formerly known as EVINE Live Inc. and changed its name to iMedia Brands in July 2019. iMedia Brands was founded in 1990 and is headquartered in Eden Prairie, Minnesota.

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