Share on StockTwits

A number of stock research firms have changed their ratings and price targets for Quiksilver (NYSE: ZQK) during the last seven days:

  • Quiksilver was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $7.00 price target on the stock, down previously from $10.00.
  • Quiksilver was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating.
  • Quiksilver was downgraded by analysts at Goldman Sachs from a “buy” rating to a “neutral” rating.
  • Quiksilver was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $9.00 price target on the stock. They wrote, “Our Buy thesis had been predicated on a presumption of underlying brand equity and capacity for margin and cash flow improvement from supply chain and SG&A rationalization. We were of the view that new leadership could harness this brand power with improved product, merchandising, and marketing efforts to return the business to growth. This thesis was back-stopped by perceived take-out value should execution to plan come off course.”
  • Quiksilver was downgraded by analysts at Credit Suisse from an “outperform” rating to a “neutral” rating.
  • Quiksilver was downgraded by analysts at Zacks from a “neutral” rating to an “underperform” rating. They now have a $5.50 price target on the stock.
  • Quiksilver was downgraded by analysts at Monness Crespi & Hardt from a “buy” rating to a “neutral” rating.
  • Quiksilver was downgraded by analysts at Stifel from a “buy” rating to a “hold” rating.
  • Quiksilver had its price target lowered by analysts at DA Davidson from $10.00 to $5.00. They now have a “buy” rating on the stock.
  • Quiksilver had its price target lowered by analysts at Roth Capital to $4.00.

Shares of Quiksilver, Inc. (NYSE:ZQK) opened at 3.90 on Tuesday. Quiksilver, Inc. has a one year low of $3.13 and a one year high of $9.29. The stock’s 50-day moving average is $5.92 and its 200-day moving average is $7.31. The company’s market cap is $664.9 million.

Quiksilver, Inc is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.