Birkenstock (NYSE:BIRK) Price Target Lowered to $45.00 at Telsey Advisory Group

Birkenstock (NYSE:BIRKFree Report) had its target price lowered by Telsey Advisory Group from $60.00 to $45.00 in a report released on Thursday morning, Marketbeat Ratings reports. Telsey Advisory Group currently has an outperform rating on the stock.

Other research analysts also recently issued reports about the stock. Sanford C. Bernstein reduced their target price on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday, January 15th. The Goldman Sachs Group reissued a “buy” rating and set a $59.00 target price on shares of Birkenstock in a research report on Thursday, January 29th. BTIG Research reissued a “buy” rating and set a $65.00 target price on shares of Birkenstock in a research report on Thursday, January 29th. Morgan Stanley reissued a “positive” rating and set a $47.00 target price on shares of Birkenstock in a research report on Tuesday, January 27th. Finally, UBS Group reissued a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. Sixteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $57.41.

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Birkenstock Trading Up 3.2%

NYSE:BIRK opened at $34.12 on Thursday. Birkenstock has a 52 week low of $32.44 and a 52 week high of $59.50. The firm has a 50-day moving average price of $37.45 and a two-hundred day moving average price of $39.79. The firm has a market cap of $6.28 billion, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 1.27 and a beta of 1.15. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. grew its position in shares of Birkenstock by 11.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after purchasing an additional 1,264,841 shares in the last quarter. Bamco Inc. NY grew its position in shares of Birkenstock by 25.4% during the 4th quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after purchasing an additional 1,612,236 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Birkenstock by 30.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock valued at $145,078,000 after purchasing an additional 956,167 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Birkenstock by 0.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after purchasing an additional 25,585 shares in the last quarter. Finally, Morgan Stanley grew its position in shares of Birkenstock by 25.1% during the 4th quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after purchasing an additional 562,188 shares in the last quarter. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

More Birkenstock News

Here are the key news stories impacting Birkenstock this week:

Birkenstock Company Profile

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Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.

Further Reading

Analyst Recommendations for Birkenstock (NYSE:BIRK)

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