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Warnaco Group Inc (The) (WRC) [hlAlert]

Rating:
Hold WRC

Warnaco Group Inc (The) (WRC) rated Hold with price target $72 by The Benchmark Company

Posted on: Thursday,  Nov 1, 2012  8:25 AM ET by The Benchmark Company

The Benchmark Company rated Hold Warnaco Group Inc (NYSE: WRC) on 11/01/2012. Previously The Benchmark Company rated Buy Warnaco Group Inc (NYSE:
WRC) on 07/05/2011., when the stock price was $53.55. Since then, Warnaco Group Inc has gained 8.76% as of 02/24/2012's recent price of $58.24.
If you would have followed the previous The Benchmark Company's recommendation on WRC, you would have gained 8.75% of your investment in 234 days.

The Warnaco Group, Inc. (Warnaco) designs, sources, markets, licenses and distributes a broad line of intimate apparel, sportswear and swimwear worldwide. The Company?s products are sold under several brand names, including, Calvin Klein, Speedo, Chaps, Warner?s and Olga. The Company?s products are distributed domestically and internationally to wholesale customers through various distribution channels, including department stores, independent retailers, chain stores, membership clubs, specialty and other stores, mass merchandisers and the Internet. As of January 3, 2009, the Company operated 902 Calvin Klein retail stores worldwide. On January 28, 2008, the Company acquired the Collection License Company. Its subsidiaries include CKJEA business and it disposed off its Swimwear Group?s private label and designer swimwear businesses, Nautica, Michael Kors and private label swimwear businesses.

The Benchmark Company 's Equity Research team is one of the most experienced on the Street. Our analysts average almost two decades of sell-side research experience and many have substantial experience in the industries they cover as well. Our people give us the ability to deliver insightful and unique research seasoned by the experience of having lived through multiple bull and bear markets, and having covered their companies longer than most of their peers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2012 8:25 AM Hold
None
70.38 72.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  16.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2012 8:25 AM Hold
None
58.24
7/5/2011 8:25 AM Buy
None
53.55 60.00
10/12/2010 8:25 AM Buy
None
55.54 65.00

(*) Stock Price at the time of the recommendation.
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