Deckers Outdoor Corp. Receives Consensus Rating of “Buy” from Analysts (NASDAQ:DECK)
Deckers Outdoor Corp. (NASDAQ:DECK) has been given an average recommendation of “Buy” by the twenty analysts that are presently covering the company, AmericanBankingNews.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $76.93.
Deckers Outdoor Corp. (NASDAQ:DECK) traded up 1.12% during mid-day trading on Wednesday, hitting $82.99. The stock had a trading volume of 58,972 shares. Deckers Outdoor Corp. has a 52-week low of $39.60 and a 52-week high of $90.09. The stock’s 50-day moving average is $80.80 and its 200-day moving average is $70.41. The company has a market cap of $2.866 billion and a P/E ratio of 27.86.
A number of research firms have recently commented on DECK. Analysts at B. Riley initiated coverage on shares of Deckers Outdoor Corp. in a research note on Wednesday, February 5th. They set a “buy” rating and a $98.00 price target on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of Deckers Outdoor Corp. from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, analysts at Thomson Reuters/Verus upgraded shares of Deckers Outdoor Corp. from a “hold” rating to a “buy” rating in a research note on Monday, January 20th.
Deckers Outdoor Corporation designs footwear developed for both high performance outdoor activities and everyday casual lifestyle use.
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