Research analysts at Wolfe Research started coverage on shares of 4Licensing (OTCMKTS:FOUR) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set an “outperform” rating and a $44.00 price target on the stock. Wolfe Research’s price objective would suggest a potential upside of 23.94% from the stock’s previous close.
Separately, Raymond James started coverage on 4Licensing in a research report on Monday. They issued a “market perform” rating and a $38.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. 4Licensing presently has an average rating of “Buy” and an average target price of $42.43.
FOUR opened at $35.50 on Monday. 4Licensing has a 52-week low of $30.00 and a 52-week high of $44.26.
4Licensing Corporation is a licensing company and technology company specializing in the sports and specialty brands. The Company operates through two segments: Entertainment and Brand Licensing, and IsoBLOX and Sports Licensing/Distribution. Through its subsidiaries, it licenses merchandising rights to children’s television series, properties and product concepts, builds brands through licensing, develops ideas and concepts for licensing, and plans to forge new licensing relationships in the sports industry, as well as developing private label goods to be sold to retail or directly to consumers.
Further Reading: Straddles
Receive News & Ratings for 4Licensing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 4Licensing and related companies with MarketBeat.com's FREE daily email newsletter.