Analyst Price Target is $57.40
▲ +337.35% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Prada in the last 3 months. The average price target is $57.40, with a high forecast of $57.40 and a low forecast of $57.40. The average price target represents a 337.35% upside from the last price of $13.12.
Current Consensus is
Hold
The current consensus among 6 polled investment analysts is to hold stock in Prada. This rating has held steady since December 2019, 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, and Africa. 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 well as operates in the food sector under the Marchesi 1824 brand. As of December 31, 2020, it had 633 directly operated stores. The company also sells its products through a network of approximately 26 franchise operated stores; multi-brand stores; luxury department stores; independent retailers; and online retailers. In addition, it engages in the real estate business, as well as operates duty-free stores. The company was founded in 1913 and is headquartered in Milan, Italy. Prada S.p.A. is a subsidiary of Prada Holding S.p.A.
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