FBR & Co Raises XCel Brands Inc (XELB) Price Target to $4.50

XCel Brands Inc (OTC:XELB) had its price objective lifted by FBR & Co from $4.00 to $4.50 in a research note issued to investors on Thursday morning. They currently have a buy rating on the stock.

Shares of XCel Brands (XELB) opened at 4.30 on Thursday. XCel Brands has a 12 month low of $1.80 and a 12 month high of $5.59. The stock has a market capitalization of $79.43 million and a price-to-earnings ratio of 30.94. The stock’s 50 day moving average price is $3.37 and its 200-day moving average price is $3.17.

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XCel Brands Company Profile

Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.

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