Deckers Outdoor Price Target Increased to $42.00 by Analysts at Canaccord Genuity (DECK)
Deckers Outdoor (NASDAQ: DECK) had its price target upped by Canaccord Genuity from $35.00 to $42.00 in a research report sent to investors on Monday morning. The firm currently has a hold rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at S&P Equity Research downgraded shares of Deckers Outdoor from a buy rating to a hold rating in a research note to investors on Monday, March 4th. They now have a $47.00 price target on the stock, up previously from $40.00. Separately, analysts at Susquehanna raised their price target on shares of Deckers Outdoor from $35.00 to $40.00 in a research note to investors on Friday, March 1st. They now have a neutral rating on the stock. Finally, analysts at ISI Group reiterated a buy rating on shares of Deckers Outdoor in a research note to investors on Friday, March 1st.
Shares of Deckers Outdoor traded down 0.47% during mid-day trading on Monday, hitting $48.6399. Deckers Outdoor has a 52 week low of $28.53 and a 52 week high of $70.68. The stock’s 50-day moving average is currently $42.98. The company has a market cap of $1.673 billion and a P/E ratio of 14.17.
Deckers Outdoor Corporation (Deckers) is a designer, producer, marketer, and brand manager of footwear, apparel, and accessories.
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