Hibbett Sports (HIBB) Given New $27.00 Price Target at BMO Capital Markets
Hibbett Sports (NASDAQ:HIBB) had its price target boosted by BMO Capital Markets to $27.00 in a research note published on Tuesday, MarketBeat Ratings reports. They currently have a market perform rating on the stock.
Several other equities research analysts have also recently issued reports on the stock. ValuEngine raised shares of Hibbett Sports from a buy rating to a strong-buy rating in a research report on Friday, December 1st. BidaskClub raised shares of Hibbett Sports from a buy rating to a strong-buy rating in a research report on Wednesday, December 27th. Bank of America raised shares of Hibbett Sports from an underperform rating to a buy rating and lowered their price target for the stock from $14.00 to $12.00 in a research report on Tuesday, January 16th. Robert W. Baird reaffirmed a hold rating on shares of Hibbett Sports in a research report on Friday, December 15th. Finally, Buckingham Research cut shares of Hibbett Sports from a neutral rating to an underperform rating and set a $13.00 price target for the company. in a research report on Tuesday, November 21st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $21.20.
Shares of Hibbett Sports (HIBB) opened at $24.80 on Tuesday. The stock has a market cap of $519.66, a PE ratio of 14.62 and a beta of 0.85. Hibbett Sports has a 52-week low of $9.40 and a 52-week high of $30.75.
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About Hibbett Sports
Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.
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