J.Jill’s (JILL) Buy Rating Reaffirmed at Jefferies Group LLC

Jefferies Group LLC reissued their buy rating on shares of J.Jill Inc (NASDAQ:JILL) in a report released on Thursday morning. The firm currently has a $17.00 price target on the specialty retailer’s stock.

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Several other research firms have also recently issued reports on JILL. Zacks Investment Research upgraded shares of J.Jill from a hold rating to a buy rating and set a $15.00 target price on the stock in a research note on Monday, June 5th. Royal Bank Of Canada reiterated a buy rating and issued a $16.00 target price on shares of J.Jill in a research note on Thursday, May 25th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of Buy and a consensus target price of $16.00.

J.Jill (JILL) traded up 4.40% during midday trading on Thursday, reaching $11.38. The company had a trading volume of 297,169 shares. The company has a market capitalization of $497.84 million and a PE ratio of 19.29. The stock’s 50 day moving average is $11.72 and its 200 day moving average is $12.51. J.Jill has a one year low of $9.89 and a one year high of $14.40.

J.Jill (NASDAQ:JILL) last posted its earnings results on Wednesday, May 31st. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.06. J.Jill had a net margin of 4.83% and a return on equity of 25.34%. The business had revenue of $166.10 million for the quarter, compared to analysts’ expectations of $162.11 million. J.Jill’s quarterly revenue was up 12.5% compared to the same quarter last year. Equities research analysts forecast that J.Jill will post $0.84 earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of the stock. TD Asset Management Inc. bought a new stake in J.Jill during the first quarter valued at $216,000. Oxford Asset Management bought a new stake in J.Jill during the first quarter valued at $1,698,000. SG Americas Securities LLC bought a new stake in J.Jill during the first quarter valued at $164,000. RK Capital Management LLC bought a new stake in J.Jill during the first quarter valued at $7,173,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in J.Jill during the first quarter valued at $845,000.

About J.Jill

J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs. It operates in the retail and direct channels segment.