- Guess? (GES, Financial) envisions transforming its premium eyewear segment with WHP Global and Marcolin.
- Wall Street analysts see a potential upside of 39.32% for Guess? Inc, predicting a one-year average price target of $15.67.
- GuruFocus projects a remarkable 177.55% upside based on its GF Value estimation.
Guess? (NYSE: GES), a renowned lifestyle brand, has recently unveiled a strategic four-year partnership with WHP Global and Marcolin, aimed at expanding its premium eyewear collection. This collaboration, which prominently features the rag & bone brand, is set to launch an exclusive line of eyewear available both in select boutiques and online. Through this initiative, Guess? intends to bolster its market position and capture the attention of style-conscious consumers.
Wall Street Analysts Forecast
According to insights from three seasoned analysts, Guess? Inc (GES, Financial) has been assigned an average one-year price target of $15.67. This projection includes a high estimate of $23.00 and a low estimate of $11.00, indicating a notable potential upside of 39.32% from its current trading price of $11.25. Investors can access more comprehensive data on the Guess? Inc (GES) Forecast page.
Additionally, the average brokerage recommendation from three firms currently positions Guess? Inc's (GES, Financial) stock as a "Hold," with a consensus rating of 2.7. This rating falls within a scale from 1 to 5, where 1 represents a Strong Buy and 5 a Sell. Such recommendations provide investors with a baseline understanding of the market sentiment surrounding GES.
GuruFocus GF Value Estimate
Diving into GuruFocus analytics, the GF Value estimation for Guess? Inc (GES, Financial) over the next year stands impressively at $31.21. This suggests a substantial upside potential of 177.55% from the current market price of $11.245. The GF Value is a proprietary metric that assesses the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. For a detailed exploration, visit the Guess? Inc (GES) Summary page.
In conclusion, the collaboration between Guess?, WHP Global, and Marcolin marks a significant strategic move in the premium eyewear sector. Coupled with promising analyst forecasts and valuation estimates, Guess? Inc presents intriguing potential for investors seeking growth opportunities in the lifestyle and fashion industry.
