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Enter Symbol:
 
J. Crew Group, Inc. (JCG) [hlAlert]

Rating:
Outperform
JCG
up 9.23 %

J. Crew Group, Inc. (JCG) upgraded to Outperform with price target $50 by Oppenheimer

Posted on: Thursday,  Jun 24, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform J. Crew Group, Inc. (NYSE: JCG) on 06/24/2010. Previously Oppenheimer rated Perform
J. Crew Group, Inc. (NYSE: JCG) on 10/23/2008., when the stock price was $18.88. Since then, J. Crew Group, Inc. has gained 110.96% as of 06/24/2010's recent price of $39.83.

J.Crew Group, Inc. is an integrated multi-channel, multi-brand, specialty retailer. The Company offers complete assortments of women?s, men?s and children?s apparel and accessories, including wedding and special occasion attire, weekend clothes, swimwear, loungewear, outerwear, shoes, bags, belts, hair accessories and jewelry. J.Crew products are distributed through its retail and factory stores, its J.Crew catalog and Internet Website located at www.jcrew.com. As of January 31, 2009, it operated 226 retail stores, including five crewcuts, one Men?s store, one Women?s Collection store, and 10 Madewell stores, and 74 factory stores, including one crewcuts factory store, throughout the United States. The Company also operated 42 crewcuts shop in shops in its J.Crew retail stores and 10 crewcuts shop in shops in its factory stores. The Company conducts its business through two primary sales channels: Stores and Direct.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2010 8:25 AM Buy
None
39.83 50.00
as of 12/31/2010
1 Week up  0.83 %
1 Month down  -0.57 %
3 Months up  29.29 %
1 YTD up  9.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2008 8:25 AM None
None
18.88
5/30/2008 8:25 AM Buy
None
37.40 48.00

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