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Inter Parfums, Inc. (IPAR) [hlAlert]

Rating:
Buy IPAR
up 14.05 %

Inter Parfums, Inc. (IPAR) rated Buy with price target $27 by B. Riley Caris

Posted on: Thursday,  Jan 31, 2013  8:25 AM ET by B. Riley Caris

B. Riley Caris rated Buy Inter Parfums, Inc. (NASDAQ: IPAR) on 01/31/2013, when the stock price was $22.27.
Since then, Inter Parfums, Inc. has gained 14.05% as of 09/15/2015's recent price of $25.40.
If you would have followed this B. Riley Caris's recommendation on IPAR, you would have gained 14.05% of your investment in 957 days.

Inter Parfums, Inc. operates in the fragrance business, and manufactures, markets and distributes an array of fragrances and fragrance related products. The Company manages its business in two segments: European based operations and United States based operations. The Company?s prestige fragrance products are produced and marketed by its European operations through a 75%-owned subsidiary in Paris, Inter Parfums, S.A. It produces and distributes its prestige products primarily under license agreements with brand owners. The Company?s prestige product sales represented approximately 87% of net sales during the year ended December 31, 2008. Its specialty retail and mass-market fragrance and fragrance related products are marketed through its United States operations and represented 13% of sales during 2008.

B. Riley Caris
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2013 8:25 AM Buy
None
22.27 27.00
as of 12/13/2013
1 Week down  -2.73 %
1 Month down  -5.86 %
3 Months up  19.80 %
1 YTD up  56.44 %

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