The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $124.17, a high estimate of $133.00, and a low estimate of $111.00. This upward trend is evident, with the current average reflecting a 2.05% increase from the previous average price target of $121.67.

Key Takeaways Ollie's Bargain Outlet Holdings announced a new share repurchase program and location expansion.The discount retailer said it was looking to take advantage of recent store closings and retail bankruptcies.

The popular discount chain will open its second Vermont store later this month in the spot where Big Lots used to be. Ollie's also has stores in Springfield and Plattsburgh.