Dick’s Sporting Goods Rating Reiterated by Janney Montgomery Scott (DKS)
Dick’s Sporting Goods (NYSE:DKS)‘s stock had its “buy” rating reiterated by equities research analysts at Janney Montgomery Scott in a research note issued to investors on Monday, StockRatingsNetwork.com reports. They currently have a $51.10 target price on the stock. Janney Montgomery Scott’s price objective indicates a potential downside of 1.48% from the stock’s previous close.
A number of other analysts have also recently weighed in on DKS. Analysts at Morgan Stanley downgraded shares of Dick’s Sporting Goods from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 23rd. Separately, analysts at Credit Suisse upgraded shares of Dick’s Sporting Goods from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 15th. They now have a $65.00 price target on the stock, up previously from $56.00. Finally, analysts at Bank of America raised their price target on shares of Dick’s Sporting Goods from $65.00 to $68.00 in a research note on Friday, December 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $58.28.
DICK’S Sporting Goods, Inc is a sports and fitness specialty omni-channel retailer offering a range of brand name sporting goods equipment, apparel and footwear in a specialty store environment.
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