Equities researchers at Bank of America initiated coverage on shares of Yeti (NYSE:YETI) in a report released on Monday, Marketbeat Ratings reports. The brokerage set a “buy” rating and a $22.00 price target on the stock. Bank of America’s target price suggests a potential upside of 25.86% from the company’s previous close.

A number of other research analysts have also weighed in on YETI. Stifel Nicolaus began coverage on shares of Yeti in a research note on Monday. They issued a “buy” rating and a $21.00 target price on the stock. Piper Jaffray Companies began coverage on shares of Yeti in a research note on Monday. They issued an “overweight” rating and a $23.00 target price on the stock. Goldman Sachs Group began coverage on shares of Yeti in a research note on Monday. They issued a “buy” rating and a $27.00 target price on the stock. Robert W. Baird began coverage on shares of Yeti in a research note on Monday. They issued an “outperform” rating and a $23.00 target price on the stock. Finally, KeyCorp began coverage on shares of Yeti in a research note on Monday. They issued an “overweight” rating and a $22.00 target price on the stock. Eleven analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $21.89.

YETI opened at $17.48 on Monday. Yeti has a 1-year low of $14.62 and a 1-year high of $18.25.

In other news, major shareholder Ryan R. Seiders sold 1,092,409 shares of Yeti stock in a transaction that occurred on Wednesday, October 24th. The shares were sold at an average price of $18.00, for a total transaction of $19,663,362.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Roy J. Seiders sold 378,313 shares of Yeti stock in a transaction that occurred on Wednesday, October 24th. The shares were sold at an average price of $18.00, for a total transaction of $6,809,634.00. The disclosure for this sale can be found here.

About Yeti

There is no company description available for Yeti Holdings Inc

Featured Article: Dividend Aristocrat Index

Analyst Recommendations for Yeti (NYSE:YETI)

Receive News & Ratings for Yeti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yeti and related companies with MarketBeat.com's FREE daily email newsletter.