Will Revlon stock go up?
The 1 analysts offering 12-month price forecasts for Revlon Inc have a median target of 8.50, with a high estimate of 8.50 and a low estimate of 8.50. The median estimate represents a +108.33% increase from the last price of 4.08.
Will Revlon stock recover?
Revlon Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks....Predicted Opening Price for Revlon Inc of Monday, June 6, 2022.Fair opening price June 6, 2022Current price$4.28$4.52 (Overvalued)
Is Revlon a buy?
Revlon currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
What is happening to Revlon?
Revlon's problems only intensified with the pandemic, which hurt sales of lipsticks as people masked up. Sales fell 21% to $1.9 billion in 2020. The company avoided bankruptcy late last year by persuading enough bondholders to extend its maturing debt.