- Guess? Inc. (GES, Financial) stock jumps 16.2% due to potential acquisition rumors by Authentic Brands Group.
- Analysts' average price target for Guess? Inc. is $15.67, reflecting a potential 35.70% upside.
- GuruFocus estimates a significant upside of 169.64% with a GF Value of $31.13 for GES stock.
Guess? Inc. (GES) recently experienced a noteworthy 16.2% increase in its stock price, spurred by speculation that Authentic Brands Group might surpass WHP Global's $13 per share offer. This potential acquisition is currently being evaluated, with the special committee at Guess? Inc. thoroughly examining WHP's non-binding proposal, creating buzz among investors.
Wall Street Analysts' Insights
Wall Street analysts have provided one-year price targets for Guess? Inc. (GES, Financial), with three experts contributing to an average target price of $15.67. This projection signifies a notable upside of 35.70% from the current trading price of $11.55. Forecasts vary, with a high estimate of $23.00 and a more conservative low estimate of $11.00. Investors seeking further details can explore the complete data on the Guess? Inc. (GES) Forecast page.
Brokerage Recommendations
The consensus recommendation from three brokerage firms currently rates Guess? Inc. (GES, Financial) as a "Hold" with an average score of 2.7. This rating operates on a scale where 1 represents a "Strong Buy" and 5 indicates a "Sell." These insights provide a balanced perspective for investors considering their next move.
GuruFocus Valuation
According to GuruFocus, the estimated GF Value for Guess? Inc. (GES, Financial) in the coming year stands at $31.13, projecting an impressive upside of 169.64% from the current share price of $11.545. The GF Value reflects GuruFocus' fair value estimate based on historical trading multiples, previous business growth, and anticipated future performance. More comprehensive data is available on the Guess? Inc. (GES) Summary page.
