Analyst Price Target is $36.50
▲ +30.31% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Movado Group in the last 3 months. The average price target is $36.50, with a high forecast of $41.00 and a low forecast of $32.00. The average price target represents a 30.31% upside from the last price of $28.01.
Current Consensus is
The current consensus among 2 contributing investment analysts is to moderate buy stock in Movado Group. This Moderate Buy consensus rating has held steady for over two years.
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.