Loop Capital Markets Says That Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) Has $75.0000 Stock Target

June 20, 2018 - By Henry Gaston

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

Loop Capital Markets analyst began coverage on Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) with a $75.0000 target price and “Hold” rating. The target price gives a potential downside of -0.96 % from firm’s current 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. The rating was maintained by Stephens with “Buy” on Monday, January 8. The rating was maintained by Wells Fargo with “Hold” on Wednesday, June 6. The firm has “Buy” rating given on Thursday, April 5 by Stephens. As per Wednesday, June 6, the company rating was maintained by Buckingham Research. The rating was maintained by Morgan Stanley on Wednesday, June 6 with “Equal-Weight”. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. The rating was maintained by Bank of America on Tuesday, March 13 with “Buy”. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, June 6. The company was downgraded on Thursday, April 5 by Bank of America. 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: Seekingalpha.com which released: “Game Plan For The Week – Cramer’s Mad Money (6/1/18)” on June 04, 2018, also Streetinsider.com with their article: “After-Hours Movers 6/5: (VBLT) (NCS) (LAYN) Higher; (AMBA) (OLLI) (IMGN) Lower (more…)” published on June 05, 2018, Streetinsider.com published: “Pre-Open Movers 06/06: (AXON) (VBLT) (SIG) Higher; (AMBA) (IMGN) (OLLI) Lower (more…)” on June 06, 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 Nasdaq.com‘s news article titled: “Ollie’s Bargain Outlet Holdings, Inc. Announces First Quarter Fiscal 2018 Earnings Release and Conference Call” with publication date: May 23, 2018.

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

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