UBS analyst Jay Sole has adjusted the price target for Hanesbrands (HBI, Financial), increasing it from $7 to $8. Despite this upward revision, Sole maintains a Buy rating on the stock, indicating confidence in its future performance. The analysis reflects a balanced view of potential risks and opportunities, according to a recent research note shared with investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Hanesbrands Inc (HBI, Financial) is $5.61 with a high estimate of $7.30 and a low estimate of $1.00. The average target implies an upside of 25.32% from the current price of $4.48. More detailed estimate data can be found on the Hanesbrands Inc (HBI) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Hanesbrands Inc's (HBI, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hanesbrands Inc (HBI, Financial) in one year is $4.96, suggesting a upside of 10.71% from the current price of $4.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hanesbrands Inc (HBI) Summary page.
