Kathmandu Holdings Stock Rating Reaffirmed by Moelis & Company (KMD)
Kathmandu Holdings (ASX:KMD)‘s stock had its “buy” rating reaffirmed by analysts at Moelis & Company in a research report issued to clients and investors on Wednesday. They currently have a $3.50 price target on the stock.
Shares of Kathmandu Holdings (ASX:KMD) traded up 0.66% on Wednesday, hitting A$3.030. The stock had a trading volume of 51,174 shares. Kathmandu Holdings has a 52 week low of A$2.100 and a 52 week high of A$3.850. The stock has a 50-day moving average of A$3.2 and a 200-day moving average of A$3.22. The company has a market cap of A$606.8 million and a price-to-earnings ratio of 15.36.
A number of other analysts have also recently weighed in on KMD. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Kathmandu Holdings in a research note on Thursday, June 26th. Separately, analysts at Morningstar initiated coverage on shares of Kathmandu Holdings in a research note on Sunday, April 27th. They set a “hold” rating on the stock. Finally, analysts at Morningstar initiated coverage on shares of Kathmandu Holdings in a research note on Friday, April 18th. They set a “hold” rating on the stock.
Kathmandu Holdings Limited is engaged in design, marketing and retailing of clothing and equipment for outdoor, travel and adventure.
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