RBC Capital Cuts Rating of Chico’s FAS (NYSE:CHS) To Hold. The Target is $4.5000

Investors sentiment increased to 1.39 in Q2 2018. Its up 0.04, from 1.35 in 2018Q1. It increased, as 28 investors sold Chico's FAS, Inc. shares while 57 reduced holdings. 33 funds opened positions while 85 raised stakes. 117.16 million shares or 1.58% less from 119.04 million shares in 2018Q1 were reported.

Ls Investment Advisors Ltd Co has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Plante Moran Fincl Advsrs Limited Liability Corporation holds 404 shares or 0% of its portfolio. Systematic Management Ltd Partnership invested in 129,872 shares. Old Natl Savings Bank In invested 0.01% in Chico's FAS, Inc. (NYSE:CHS). Pnc Ser Group Inc holds 6,512 shares or 0% of its portfolio. Citigroup reported 0% of its portfolio in Chico's FAS, Inc. (NYSE:CHS). Morgan Stanley reported 375,551 shares. Smith Graham Communication Investment Advsrs Lp has invested 0.55% in Chico's FAS, Inc. (NYSE:CHS). Northwestern Mutual Wealth Mngmt reported 74 shares. State Of Alaska Department Of Revenue reported 42,230 shares or 0.01% of all its holdings. Voya Invest Management Ltd Liability Company owns 50,711 shares. Euclidean Techs Mgmt Ltd Llc invested in 124,100 shares. The North Carolina-based Fincl Bank Of America De has invested 0% in Chico's FAS, Inc. (NYSE:CHS). 8,673 were accumulated by Qs Ltd Liability Corp. Federated Invsts Pa has invested 0.01% of its portfolio in Chico's FAS, Inc. (NYSE:CHS).

Chico’s FAS (NYSE:CHS) Receives a Downgrade

Chico’s FAS (NYSE:CHS)‘s stock was downgraded to a solid Hold by equity analysts at RBC Capital, who now has a target price per share of $4.5000. Their target is -16.67 % from CHS’s current share price.

Chico's FAS, Inc. (NYSE:CHS) Ratings Coverage

Among 3 analysts covering Chico’s FAS (NYSE:CHS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Chico’s FAS has $5 highest and $4.5 lowest target. $4.83’s average target is -10.56% below currents $5.4 stock price. Chico’s FAS had 3 analyst reports since November 29, 2018 according to SRatingsIntel. The rating was downgraded by RBC Capital Markets on Thursday, November 29 to “Sector Perform”. On Friday, November 30 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Citigroup maintained the stock with “Neutral” rating in Thursday, November 29 report.

The stock increased 1.89% or $0.1 during the last trading session, reaching $5.4. About 8.22M shares traded or 150.49% up from the average. Chico's FAS, Inc. (NYSE:CHS) has risen 5.83% since December 2, 2017 and is uptrending. It has underperformed by 9.79% the S&P500.

ChicoÂ’s FAS, Inc. operates as an omni-channel specialty retailer of womenÂ’s private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company has market cap of $678.77 million. The company's portfolio of brands consists of the ChicoÂ’s, White House Black Market , and Soma. It has a 7.65 P/E ratio. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

More notable recent Chico's FAS, Inc. (NYSE:CHS) news were published by: Seekingalpha.com which released: “Chico’s FAS -21% after earnings dud – Seeking Alpha” on November 28, 2018, also Fool.com with their article: “Why Tiffany, J.M. Smucker, and Chico’s All Tanked – Motley Fool” published on November 30, 2018, Benzinga.com published: “36 Stocks Moving In Wednesday’s Mid-Day Session – Benzinga” on November 28, 2018. More interesting news about Chico's FAS, Inc. (NYSE:CHS) were released by: Benzinga.com and their article: “40 Biggest Movers From Yesterday – Benzinga” published on November 29, 2018 as well as Bizjournals.com‘s news article titled: “CHS to end South Carolina operations – Nashville Business Journal” with publication date: November 20, 2018.

Chico's FAS, Inc. (NYSE:CHS) Institutional Positions Chart

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