Stay Put With Helen Of Troy For Now (HELE)

Helen of Troy (NASDAQ: HELE) designs, produces and markets branded personal care electrical and non-electrical beauty products.

Analysts at Jeffries & Company Inc. have rated the stock as Hold, however they have increased the price target from $24.00 to $25.50. Jeffries believes that while end markets will remain soft for the personal care appliances division due to muted economic conditions, the housewares appliances business will retain strength. Helen of Troy is expected to lower inventory costs and its unleveraged balance sheet provides investors with a cushion in a difficult macro-environment.