Kathmandu Holdings Stock Rating Reaffirmed by Moelis & Company (KMD)
Kathmandu Holdings (ASX:KMD)‘s stock had its “buy” rating restated by investment analysts at Moelis & Company in a note issued to investors on Thursday. They currently have a $3.50 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Kathmandu Holdings in a research note on Friday, July 4th. Finally, 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.
Kathmandu Holdings (ASX:KMD) traded up 1.00% during mid-day trading on Thursday, hitting A$3.030. The stock had a trading volume of 143,981 shares. Kathmandu Holdings has a one year low of A$2.160 and a one year high of A$3.850. The stock has a 50-day moving average of A$3.15 and a 200-day moving average of A$3.21. The company has a market cap of A$606.8 million and a P/E ratio of 15.31.
Kathmandu Holdings Limited is engaged in design, marketing and retailing of clothing and equipment for outdoor, travel and adventure.
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