Goldman Sachs Keeps Their Sell Rating on Torrid Holdings (CURV)

In a report released today, Brooke Roach from Goldman Sachs maintained a Sell rating on Torrid Holdings, with a price target of $1.50. The company’s shares closed last Friday at $1.75.

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According to TipRanks, Roach is a 3-star analyst with an average return of 3.6% and a 51.85% success rate. Roach covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Nike, and Macy’s.

The word on The Street in general, suggests a Hold analyst consensus rating for Torrid Holdings with a $2.82 average price target, which is a 61.14% upside from current levels. In a report released on September 18, Morgan Stanley also maintained a Sell rating on the stock with a $1.60 price target.

CURV market cap is currently $173.5M and has a P/E ratio of 56.09.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CURV in relation to earlier this year. Last month, Ashlee Wheeler, the Title – Chief Strategy and Planning Officer of CURV sold 16,959.00 shares for a total of $30,187.02.