Barclays Maintains an 'Overweight' on PVH Corp (PVH); Raising Estimates on Good Qtr

May 24, 2012 4:00 PM EDT Send to a Friend
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Price: $120.28 +1.90%

Rating Summary:
    11 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Barclays maintains an 'Overweight' on PVH Corp (NYSE: PVH) price target of $100.00.

Analyst, Robert S. Drbul, said, "Given consistent top line momentum, particularly at Tommy Hilfiger, which has remained solid in Europe despite macroeconomic challenges, we are raising our 2012 and 2013 EPS estimates to $6.25 and $7.10 from $6.20 and $7.00, respectively. We continue to expect a $(0.20)-$(0.25) impact from FX in 2012."

For an analyst ratings summary and ratings history on PVH Corp click here. For more ratings news on PVH Corp click here.

Shares of PVH Corp closed at $77.37 yesterday, with a 52 week range of $51.15-$93.06.


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