bebe stores, inc. (BEBE) Stock Formed Bearish Double Bottom. What To Expect?

July 17, 2017 - By Louis Casey

The chart of bebe stores, inc. (BEBE) shows a double bottom with $6.05 target or 7.00 % below today’s $6.50 share price. The 8 months chart pattern indicates high risk for the $51.32M company. It was reported on Jul, 17 by If the $6.05 price target is reached, the company will be worth $3.59 million less. Double bottoms are rare but powerful chart patterns.

It closed at $6.5 lastly. It is down 14.27% since July 17, 2016 and is uptrending. It has underperformed by 2.43% the S&P500.

bebe stores, inc. (NASDAQ:BEBE) Ratings Coverage

Among 2 analysts covering Bebe Stores Inc. (NASDAQ:BEBE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Bebe Stores Inc. had 5 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Tuesday, September 1 to “Hold”. The stock of bebe stores, inc. (NASDAQ:BEBE) earned “Neutral” rating by Mizuho on Friday, October 2.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: