Susquehanna analyst Sam Poser reiterated a Sell rating on DSW Inc (NYSE: DSW) today and set a price target of $22. The company’s shares closed yesterday at $27.84, close to its 52-week high of $29.27.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.3% and a 59.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
DSW Inc has an analyst consensus of Hold, with a price target consensus of $23.67.
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Based on DSW Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly net profit of $24.3 million. In comparison, last year the company had a net profit of $28.6 million.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.
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DSW, Inc. engages in the distribution of footwear and accessory brands. It offers a range of dress, casual and athletic footwear, and accessories for women, men, and kids. It operates through the DSW segment.
