In a report released yesterday, Jim Duffy from Stifel Nicolaus reiterated a Buy rating on Clarus Corporation (NASDAQ: CLAR), with a price target of $12. The company’s shares closed yesterday at $9.20, close to its 52-week high of $9.50.
According to TipRanks.com, Duffy is a 4-star analyst with an average return of 8.7% and a 65.0% success rate. Duffy covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Fox Factory Holding, and Gildan Activewear.
Currently, the analyst consensus on Clarus Corporation is a Moderate Buy with an average price target of $9.75.
See today’s analyst top recommended stocks >>
Clarus Corporation’s market cap is currently $276.4M and has a P/E ratio of 230. The company has a Price to Book ratio of 1.68.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Clarus Corp. engages in design, manufacture, and marketing of outdoor equipment and lifestyle products focuses on the climb, ski, mountain, and sport categories. It operates through Black Diamond and Sierra segments.
