On Jun 27, 2018 Credit Suisse Reaffirms Stock “Outperform” Rating on PVH (NYSE:PVH) and $185 Target.

June 27, 2018 - By Gregory Tomko

PVH Corp. (NYSE:PVH) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.9. That’s change of 0.12, from 2017Q4’s 1.02. 26 investors sold all, 182 reduced holdings as PVH Corp. ratio dived. 135 rose positions while 53 funds acquired positions. Funds hold 70.18 million shares thus 1.71% less from 2017Q4’s 71.40 million shares.

Leisure Capital Mgmt has invested 0.24% in PVH Corp. (NYSE:PVH). Pathstone Family Office Ltd Liability Corporation has invested 0% in PVH Corp. (NYSE:PVH). Boston Common Asset Llc accumulated 0.67% or 37,722 shs. Moreover, State Board Of Administration Of Florida Retirement has 0.05% invested in PVH Corp. (NYSE:PVH) for 108,928 shs. Northern Tru holds 897,711 shs or 0.04% of its capital. Bnp Paribas Asset Management Holding Sa holds 24,267 shs. Korea Invest holds 311,552 shs or 0.22% of its capital. Barclays Public Limited Company reported 157,748 shs. Farmers Merchants invested in 236 shs or 0% of the stock. Pnc reported 22,253 shs. Numerixs Investment holds 0.7% or 19,700 shs in its capital. Aviva Public Ltd Com owns 38,923 shs for 0.04% of their capital. Mai Mgmt, a Ohio-based fund reported 12,130 shs. Chevy Chase Hldg reported 0.04% in PVH Corp. (NYSE:PVH). The Japan-based Nomura Asset Co Ltd has invested 0.06% in PVH Corp. (NYSE:PVH).

PVH Corp. had 15 insider sales and 0 buys since January 4, 2018. This’s net activity of $25.85 million. GRIEDER DANIEL had sold 43,200 shs worth $6.85 million on Friday, June 1. Shares for $2.64M were sold by DUANE FRANCIS K. $158,702 worth of PVH Corp. (NYSE:PVH) shs were sold by HOLMES JAMES. Shaffer Michael A sold $7.30 million worth of PVH Corp. (NYSE:PVH) or 46,400 shs on Friday, April 6. On Tuesday, January 16 $445,656 worth of PVH Corp. (NYSE:PVH) was sold by SHIFFMAN STEVEN B. 1,000 shs were sold by BAGLIVO MARY, worth $158,292.

Reiterated PVH (NYSE:PVH) Rating.

On 26 June a note was issued on PVH (NYSE:PVH) of its “Outperform” Rating kept by investment analysts at Credit Suisse. The MC company was given $185 target price that would suggest 20.31 % upside potential from the previous close.

PVH Corp. (NYSE:PVH) Ratings Coverage

In total 15 analysts cover PVH (NYSE:PVH). “Buy” rating has 11, “Sell” are 1, while 3 are “Hold”. 73% are bullish. 23 are the (NYSE:PVH)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. The stock rating was upgraded by Deutsche Bank to “Buy” on Wednesday, February 7. On Thursday, March 29 the stock of PVH Corp. (NYSE:PVH) has “Outperform” rating given by Credit Suisse. On Thursday, January 25 the firm has “Overweight” rating by Barclays Capital given. On Thursday, March 8 the firm earned “Buy” rating by Cowen & Co. On Friday, June 1 the firm earned “Buy” rating by Buckingham Research. The stock rating was maintained by Deutsche Bank with “Buy” on Friday, May 25. On Tuesday, January 30 the company was maintained by Piper Jaffray. On Wednesday, January 3 the rating was maintained by Wells Fargo with “Buy”. On Thursday, March 29 the firm earned “Buy” rating by Deutsche Bank. On Thursday, March 29 the rating was maintained by Wells Fargo with “Buy”.

PVH hit $153.77 during the last trading session after $0.06 change.Currently PVH Corp. is uptrending after 47.52% change in last June 27, 2017. PVH has also 33,277 shares volume. PVH outperformed the S&P500 by 34.95%.

On August, 22. Investors expect PVH Corp. (NYSE:PVH) to reveal its quarterly earnings, as reported by Faxor. Analysts forecast $2.10 EPS. That’s $0.41 up or 24.26 % from 2017’s earnings of $1.69. In case of $2.10 EPS PVH’s profit could reach $161.87 million. Wall Street now sees -11.02 % negative EPS growth despite PVH Corp. last quarter’s EPS of $2.36.

PVH Corp. operates as an apparel company in North America and internationally.The company has $11.85 billion market cap. The firm operates through six divisions: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail.The P/E ratio is 22.48. It designs, markets, and retails men's and women's apparel and accessories, including branded dress shirts, dresses, suits, neckwear, sportswear, jeans wear, performance and intimate apparel, underwear, swimwear, swim products, handbags, luggage products, footwear, golf apparel, sleepwear and loungewear, eyewear and fragrances, cosmetics, skincare products and toiletries, socks and tights, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

For more PVH Corp. (NYSE:PVH) news brought out briefly go to: Businesswire.com, Seekingalpha.com, Seekingalpha.com, Businesswire.com or Benzinga.com. The titles are as follows: “PVH Corp. Chairman and CEO Emanuel Chirico Selected as a Top CEO by Job Site Glassdoor” brought out on June 20, 2018, “PVH Corp. (PVH) CEO Manny Chirico on Q1 2018 Results – Earnings Call Transcript” on May 31, 2018, “PVH lifts full-year profit guidance” with a publish date: May 30, 2018, “PVH Corp. Accelerating Adoption of Circularity to Reduce Waste in Apparel Industry” and the last “10 Biggest Price Target Changes For Tuesday” with publication date: June 26, 2018.

PVH Corp. (NYSE:PVH) Institutional Investors Chart

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