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Enter Symbol:
Rating: SMRT

Stein Mart, Inc. (NASDAQ: SMRT) reiterated to Accumulate by Johnson Rice

Friday,  Nov 20, 2015  12:25 PM ET by Kristen Bailey

Johnson Rice reiterated Stein Mart, Inc. (NASDAQ: SMRT) to
Accumulate. Johnson Rice rated Stein Mart, Inc. (NASDAQ: SMRT) to Overweight on 04/17/2013, when the price was $7.67.

Stein Mart, Inc. operates retail store chain offering fashionable, current-season, primarily branded merchandise comparable in quality and presentation to that of traditional department and fine specialty stores at prices typically 25% to 60% below those regularly charged by such stores. The company is focused on assorting merchandise that features moderate to designer brand-name apparel for women, men and children, as well as accessories, gifts, linens, shoes and fragrances.

Johnson Rice & Company L.L.C. was founded in 1987 as an institutional research and sales firm. Our investment banking department was added in 1991 and has been involved in over $14 billion in capital transactions. Located in New Orleans, LA, Johnson Rice focuses on a limited number of industries in order to provide superior, value-added services to our institutional and corporate clients. The firm is nationally recognized for its expansive coverage of the energy industry, and also has a strong consumer focus with coverage of specialty retailer companies. Johnson Rice has 8 senior analysts and 4 associate analysts covering the following industries: Energy * Exploration and Production * Oilfield Services * Integrateds/Refiners * Coal * MLPs Consumer * Specialty Retailers

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