Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) Buy Rating Kept Today By RBC Capital; The Price Target is Set to $49.0

February 19, 2018 - By sdfsdfsdf

 Ollie's Bargain Outlet Holding (NASDAQ:OLLI) Buy Rating Kept Today By RBC Capital; The Price Target is Set to $49.0

Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) Rating Reaffirmed

New York: In analysts note shared with investors on Friday morning, RBC Capital reconfirmed their Buy rating on Ollie’s Bargain Outlet Holding (NASDAQ:OLLI) shares. They now have a $49.0 target price on the company. RBC Capital’s target would indicate a potential downside of -13.35 % from the company’s stock close price.

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

Among 14 analysts covering Ollie's Bargain Outlet Holdings (NASDAQ:OLLI), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Ollie's Bargain Outlet Holdings has $61.0 highest and $20 lowest target. $45.08’s average target is -20.28% below currents $56.55 stock price. Ollie's Bargain Outlet Holdings had 38 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, September 27. The rating was maintained by Jefferies with “Buy” on Thursday, September 1. Johnson Rice initiated Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) on Wednesday, January 6 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 2. The firm has “Buy” rating by RBC Capital Markets given on Thursday, December 7. The stock of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) earned “Neutral” rating by Credit Suisse on Monday, August 10. RBC Capital Markets maintained Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) on Tuesday, January 16 with “Buy” rating. The firm has “Buy” rating given on Friday, November 10 by RBC Capital Markets. On Monday, January 8 the stock rating was maintained by Stephens with “Buy”. On Wednesday, December 6 the stock rating was maintained by Piper Jaffray with “Buy”.

The stock decreased 0.62% or $0.35 during the last trading session, reaching $56.55. About 343,010 shares traded. Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has risen 72.49% since February 19, 2017 and is uptrending. It has outperformed by 55.79% the S&P500.

Analysts await Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) to report earnings on March, 27. They expect $0.47 EPS, up 20.51 % or $0.08 from last year’s $0.39 per share. OLLI’s profit will be $28.98M for 30.08 P/E if the $0.47 EPS becomes a reality. After $0.22 actual EPS reported by Ollie's Bargain Outlet Holdings, Inc. for the previous quarter, Wall Street now forecasts 113.64 % EPS growth.

Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise. The company has market cap of $3.49 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 44.32 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: Zacks.com which released: “Can Ollie’s Bargain Outlet (OLLI) Stock Continue to Grow Earnings? December 27 …” on December 27, 2017, also Marketwatch.com with their article: “Ollie’s Bargain beats fiscal Q1 sales, earnings expectations” published on May 31, 2017, Nasdaq.com published: “Ollie’s Bargain Outlet Holdings Inc (OLLI) President, CEO Mark L Butler Sold …” on December 05, 2017. More interesting news about Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) were released by: Nasdaq.com and their article: “Ollie’s Bargain Outlet Holdings Reaches Analyst Target Price” published on February 16, 2018 as well as Investorplace.com‘s news article titled: “Ollie’s Bargain Outlet Holdings Inc (OLLI) Does the Impossible – It Sells” with publication date: June 23, 2017.

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.