Telsey Advisory has adjusted its price target for Oxford Industries (OXM, Financial), reducing it from $64 to $52, while maintaining a Market Perform rating for the company's stock. Recent discussions with the company's management have provided insights into Oxford Industries' strategic direction.
The company is actively working on a strategy to lessen the impact of tariffs by decreasing its dependency on Chinese sourcing. Currently, about 40% of the company's sourcing is tied to China. However, Oxford Industries aims to diminish this reliance to less than 10% by the fiscal year 2026.
This strategic initiative is part of a broader effort by Oxford Industries to enhance its operational resilience and navigate the challenges posed by global trade dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Oxford Industries Inc (OXM, Financial) is $55.00 with a high estimate of $64.00 and a low estimate of $47.00. The average target implies an upside of 17.22% from the current price of $46.92. More detailed estimate data can be found on the Oxford Industries Inc (OXM) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Oxford Industries Inc's (OXM, Financial) average brokerage recommendation is currently 3.4, 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 Oxford Industries Inc (OXM, Financial) in one year is $103.51, suggesting a upside of 120.61% from the current price of $46.92. 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 Oxford Industries Inc (OXM) Summary page.
