DAVIDsTEA (NASDAQ:DTEA) has been assigned a $4.00 price target by stock analysts at BMO Capital Markets in a research report issued on Thursday. The brokerage presently has a “hold” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 2.56% from the stock’s current price.
Separately, Zacks Investment Research lowered DAVIDsTEA from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th.
Shares of DAVIDsTEA (NASDAQ:DTEA) traded down $0.20 during mid-day trading on Thursday, reaching $3.90. The company’s stock had a trading volume of 14,157 shares, compared to its average volume of 60,885. DAVIDsTEA has a 52-week low of $3.75 and a 52-week high of $7.95.
DAVIDsTEA Company Profile
DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.
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