Analyst Price Target is $30.00
▼ -2.91% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Movado Group in the last 3 months. The average price target is $30.00, with a high forecast of $30.00 and a low forecast of $30.00. The average price target represents a -2.91% upside from the last price of $30.90.
Current Consensus is
The current consensus among 1 contributing investment analysts is to hold stock in Movado Group. This rating has held steady since August 2019, when it changed from a Buy consensus rating.
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company 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 Scuderia Ferrari. It also provides after-sales and shipping services. As of January 31, 2021, the company operated 47 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. The company also sells directly to consumers via its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.