▼ -18.27% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Regis in the last 3 months. The average price target is $8.50, with a high forecast of $10.00 and a low forecast of $7.00. The average price target represents a -18.27% upside from the last price of $10.40.
The current consensus among 3 investment analysts is to buy stock in Regis. This Buy consensus rating has held steady for over two years.
Regis Corporation owns, operates, and franchises hairstyling and hair care salons in the United States, the United Kingdom, Canada, and Puerto Rico. The company operates in two segments, Company-owned Salons and Franchise Salons. Its salons provide haircutting and styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products. The company also offers OpenSalon Pro, a cloud-based salon management and point of commerce solution; Supercuts mobile application (app) for check-in and booking services; and Cost Cutters mobile app and website for appointment booking services. It operates its salons primarily under the SmartStyle, Supercuts, Cost Cutters, Roosters, and First Choice Haircutters names. As of June 30, 2020, the company operated 6,923 salons, such as 5,209 franchised salons, 1,632 company-owned salons, and 82 non-controlling ownership salons. It also operates accredited cosmetology schools. Regis Corporation was founded in 1922 and is headquartered in Minneapolis, Minnesota.