Maxim Group started coverage on shares of Chico’s (NYSE: CHS) in a research report sent to investors on Tuesday morning. The firm issued a buy rating and a $22.00 price target on the stock.
Shares of Chico’s traded down 0.29% during mid-day trading on Tuesday, hitting $17.37. Chico’s has a 52 week low of $13.52 and a 52 week high of $19.76. The stock’s 50-day moving average is currently $17.49. The company has a market cap of $2.797 billion and a P/E ratio of 16.13.
The company also recently declared a quarterly dividend, which is scheduled for Monday, April 1st. Stockholders of record on Monday, March 18th will be given a dividend of $0.06 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from Chico’s's previous quarterly dividend of $0.05.
Separately, analysts at FBR Capital reiterated a marketperform rating on shares of Chico’s in a research note to investors on Monday, December 17th. They now have a $20.00 price target on the stock, up previously from $18.00.
Five research analysts have rated the stock with a buy rating, ten have assigned a hold rating, and one has issued a sell rating to the stock. The stock currently has a consensus rating of hold and a consensus price target of $19.62.
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