DSW (DSW) PT Set at $22.00 by Canaccord Genuity
DSW (NYSE:DSW) received a $22.00 target price from research analysts at Canaccord Genuity in a note issued to investors on Sunday. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 7.47% from the stock’s current price.
A number of other equities analysts have also weighed in on the company. Zacks Investment Research raised DSW from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Susquehanna Bancshares raised DSW from a “neutral” rating to a “positive” rating in a research report on Sunday, November 26th. B. Riley reaffirmed a “hold” rating and set a $20.00 target price on shares of DSW in a research report on Wednesday, November 22nd. Buckingham Research upped their target price on DSW from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, November 20th. Finally, UBS Group raised DSW from a “neutral” rating to a “positive” rating in a research report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. DSW presently has a consensus rating of “Hold” and an average target price of $21.42.
Shares of DSW (DSW) traded down $0.48 during trading hours on Friday, hitting $20.47. The stock had a trading volume of 2,041,200 shares, compared to its average volume of 1,439,740. DSW has a one year low of $15.14 and a one year high of $22.72. The firm has a market capitalization of $1,640.00, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 2.36 and a beta of 0.84.
Institutional investors have recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. bought a new stake in DSW during the third quarter worth $152,000. Wealthcare Advisory Partners LLC bought a new stake in DSW during the third quarter worth $197,000. Campbell & CO Investment Adviser LLC bought a new stake in DSW during the third quarter worth $217,000. Quantitative Systematic Strategies LLC bought a new stake in DSW during the third quarter worth $223,000. Finally, SG Americas Securities LLC bought a new stake in DSW during the second quarter worth $196,000. Institutional investors and hedge funds own 89.13% of the company’s stock.
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DSW Company Profile
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
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