In a report released today, Sam Poser from Susquehanna assigned a Buy rating to Hibbett Sports (NASDAQ: HIBB). The company’s shares closed yesterday at $28.95, close to its 52-week high of $29.50.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 8.3% and a 57.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Currently, the analyst consensus on Hibbett Sports is Hold and the average price target is $26.71, representing a -7.7% downside.
In a report issued on May 22, Canaccord Genuity also reiterated a Buy rating on the stock with a $31 price target.
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The company has a one-year high of $29.50 and a one-year low of $9.40. Currently, Hibbett Sports has an average volume of 744.5K.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock.
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Hibbett Sports, Inc. engages in the ownership and operation of sporting goods stores. Its products include footwear; apparel; accessories; and sports and fitness products. The company was founded in 1945 and is headquartered in Birmingham, AL.
