Kathmandu Holdings Given “Hold” Rating at Morningstar (KMD)
Shares of Kathmandu Holdings (ASX:KMD) traded down 0.69% on Tuesday, hitting A$2.890. 111,420 shares of the company’s stock traded hands. Kathmandu Holdings has a 52-week low of A$2.320 and a 52-week high of A$3.850. The stock’s 50-day moving average is A$3.05 and its 200-day moving average is A$3.20. The company has a market cap of A$578.7 million and a price-to-earnings ratio of 15.40.
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 Sunday, July 13th. Separately, analysts at Moelis & Company reiterated a “buy” rating on shares of Kathmandu Holdings in a research note on Thursday, July 10th. They now have a $3.50 price target 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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