B.Riley FBR Keeps Their Buy Rating on Vista Outdoor (VSTO)


In a report released today, Eric Wold from B.Riley FBR maintained a Buy rating on Vista Outdoor (VSTO), with a price target of $13. The company’s shares closed yesterday at $8.03, close to its 52-week low of $7.78.

According to TipRanks.com, Wold has 0 stars on 0-5 star ranking scale with an average return of -5.2% and a 37.1% success rate. Wold covers the Services sector, focusing on stocks such as Reading International Inc, Cinemark Holdings Inc, and National Cinemedia.

Vista Outdoor has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.

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Based on Vista Outdoor’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $515 million. In comparison, last year the company had a GAAP net loss of $15.92 million.

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Vista Outdoor, Inc. engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the Shooting Sports and Outdoor Product segments.

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