The price of PVH is predicted to go up 9.96%, based on the high correlation periods with BABA. The similarity of these two price pattern on the periods is 98.74%.
PVH
BABA
Calvin Klein and Tommy Hilfiger have proven global strength, with the potential for higher sales in Asia, Europe, and the Americas. PVH has taken greater control of its brands through acquisitions, allowing improved marketing and pricing.
PVH has paid down debt and resumed share repurchases and dividends. Over the next decade, we anticipate it will use about 60% of its free cash flow to the firm for stock buybacks.
The PVH+ plan has the potential to transform the company as product enhancements, investments in e-commerce, cost cuts, and better inventory control are implemented.
JP Morgan
2025-01-24
Price Target
$149 → $113
Upside
+25.14%
Morgan Stanley
2025-01-21
Price Target
$103 → $95
Downside
-1.39%
Barclays
2024-12-09
Price Target
$142 → $144
Upside
+33.25%