Stock analysts at Wolfe Research initiated coverage on shares of 4Licensing (OTCMKTS:FOUR) in a report released on Monday, The Fly reports. The brokerage set an “outperform” rating and a $44.00 price target on the stock. Wolfe Research’s target price points to a potential upside of 23.94% from the stock’s previous close.
Separately, Raymond James started coverage on 4Licensing in a research note on Monday. They issued a “market perform” rating and a $38.00 price target on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target 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.
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