▲ +137.28% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Prada in the last 3 months. The average price target is $27.53, with a high forecast of $37.50 and a low forecast of $19.60. The average price target represents a 137.28% upside from the last price of $11.60.
The current consensus among 11 polled investment analysts is to hold stock in Prada. This rating has held steady since January 2020, when it changed from a Buy consensus rating.
Prada S.p.A., together with its subsidiaries, designs, produces, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, Africa, and internationally. It offers its products under the Prada, Miu Miu, Church's, and Car Shoe brands. The company also provides eyewear and fragrances under licensing agreements. As of December 31, 2019, it had 641 directly operated stores. The company also sells its products through a network of approximately 25 franchise operated stores; multi-brand stores; luxury department stores; independent retailers; and online retailers. In addition, it engages in the real estate business; and operates patisserie and duty-free stores. The company was founded in 1913 and is headquartered in Milan, Italy. Prada S.p.A. operates as a subsidiary of Prada Holding S.p.A.