Unifi New – Consensus indicates upside potential of 67.2%
Unifi New found using ticker (UFI) now have 3 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price is between 38 and 35 and has an average target of 36.67. With the stock’s previous close at 21.93, this indicates that there is a potential upside of 67.2%. The 50-day moving average is now at 22.09 and the 200-day moving average is 24.91. The company has a market capitalization of $ 420 million. Visit the company’s website at: http://www.unifi.com
Unifi, along with its subsidiaries, is dedicated to the manufacture and sale of recycled and synthetic products in the United States, Brazil, China and internationally. It operates in four segments: Polyester, Nylon, Brazil and Asia. The Polyester segment offers partially oriented, textured, solution and bundle dyed, twisted, bagged and coiled yarns; and pre-consumer and post-consumer waste, including plastic bottle flakes, polyester polymer and staple fiber beads to other yarn manufacturers, as well as knitters and weavers who produce yarn and / or fabric for clothing, hosiery, home furnishings, automotive, industrial and other end-use markets. The Nylon segment supplies virgin or recycled textured, mass-dyed and spandex-coated yarns to knitters and weavers who produce fabrics primarily for the apparel, hosiery and medical markets. The Brazil segment manufactures and sells polyester products to knitters and weavers who produce fabrics for the apparel, home furnishings, automotive, industrial and other markets of end use. The Asia segment primarily sells polyester-based products to knitters and weavers who produce fabrics for the apparel, home furnishings, automotive, industrial and other use markets. final. The company markets its products through a sales force and independent sales agents under the REPREVE and PROFIBER brands. Unifi was incorporated in 1969 and is headquartered in Greensboro, North Carolina.
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