SMALL CAP STOCKS SEQUENTIAL BRANDS GROUP | Page 8

Analyst Commentary
Analysts certainly have not lost faith in the company despite the stock’s woes of late. Given Sequential’s four quarter results, it appears they have the right view on the company, not the overall market. Seven analysts cover the company. Collectively they hold a $16.00 a share median price target on SQBG. Price targets range from $10.00 a share to $22.00 a share.
Even at the low end of the wide range, the stock would have to climb 40%. Given the stock sold for north of $18.00 a share this summer before its unwarranted descent, that hardly seems a stretch. Canaccord Genuity is the most bullish analyst firm on the prospects of the stock. They reiterated their Buy rating and $22.00 a share just before earnings came out on February 23rd. Although their quarterly estimates were above the consensus on the street, they were still significantly below what Sequential delivered in the quarter.