Susquehanna Maintains a Hold Rating on DSW Inc (DSW)


Susquehanna analyst Sam Poser maintained a Hold rating on DSW Inc (DSW) today and set a price target of $23. The company’s shares opened today at $22.04, close to its 52-week low of $20.83.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.3% and a 54.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.

The word on The Street in general, suggests a Hold analyst consensus rating for DSW Inc with a $27 average price target, representing a 22.5% upside. In a report released today, Wedbush also maintained a Hold rating on the stock with a $28 price target.

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Based on DSW Inc’s latest earnings release for the quarter ending January 31, the company reported a quarterly GAAP net loss of $45.73 million. In comparison, last year the company had a net profit of $11.7 million.

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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.

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