NASDAQ:LE', 'Lands' End Inc.', 'http://weeklyregister.com/weekly-register-logo.png');

How Analysts Feel About Lands' End, Inc. (LE) After Forming Descending Triangle?

December 8, 2017 - By Dolores Ford

The stock of Lands' End, Inc. (LE) formed a descending triangle with $16.42 target or 8.00 % above today’s $15.20 share price. The 6 months triangle pattern indicates low risk for the $487.88M company. If the $16.42 price target is reached, the company will be worth $39.03 million more.
The descending triangle is in our view more reliable than the ascending one. The descending triangle pattern has break even failure rate for up and down breakouts of 7% and 16%, respectively. The average rise and decline is 47% and 16%. The throwback or so called pullback rates are: 37% and 54%. The stocks meeting their targets is high for this type of breakout: 84% and 54% percent.

The stock increased 8.57% or $1.2 during the last trading session, reaching $15.2. About 755,007 shares traded or 209.59% up from the average. Lands' End, Inc. (NASDAQ:LE) has risen 2.84% since December 8, 2016 and is uptrending. It has underperformed by 13.86% the S&P500.

Lands' End, Inc. (NASDAQ:LE) Ratings Coverage

Among 2 analysts covering Lands’ End (NASDAQ:LE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Lands’ End had 2 analyst reports since September 26, 2016 according to SRatingsIntel. On Monday, September 26 the stock rating was downgraded by CL King to “Neutral”.

More notable recent Lands' End, Inc. (NASDAQ:LE) news were published by: Seekingalpha.com which released: “Lands’ End completes refinancing deal” on November 20, 2017, also Globenewswire.com with their article: “Lands’ End Names Gill Hong Executive Vice President, Chief Merchandising …” published on November 21, 2017, Globenewswire.com published: “Lands’ End Announces Third Quarter Fiscal 2017 Results” on December 05, 2017. More interesting news about Lands' End, Inc. (NASDAQ:LE) were released by: Globenewswire.com and their article: “Lands’ End Announces Third Quarter Fiscal 2017 Earnings Conference Call” published on November 21, 2017 as well as Prnewswire.com‘s news article titled: “Are You Santa? Lands’ End Offers Chance To Be Santa For a Day” with publication date: November 17, 2017.

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