American Outdoor Brands Corp Receives a Hold from Cowen & Co.


Cowen & Co. analyst Cai Rumohr maintained a Hold rating on American Outdoor Brands Corp (NASDAQ: AOBC) today and set a price target of $12. The company’s shares closed yesterday at $13.23.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 16.6% and a 71.5% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, L3 Technologies Inc, and Spirit AeroSystems.

American Outdoor Brands Corp has an analyst consensus of Moderate Buy, with a price target consensus of $12.67.

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American Outdoor Brands Corp’s market cap is currently $716.1M and has a P/E ratio of 18.12. The company has a Price to Book ratio of 1.74.

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American Outdoor Brands Corp. manufactures firearms. Its products include handguns, long guns, handcuffs and firearm-related products and accessories for sale to a wide variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers and military agencies in the United States and throughout the world. It sells its products under the Smith & Wesson, M&P, Thompson and Center Arms brands. The company was founded by Michell A. Saltz on June 17, 1991 and is headquartered in Springfield, MA.

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