.jpg "Vista Outdoor (NYSE: VSTO)")
Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Vista Outdoor (VSTO) today and set a price target of $12. The company’s shares closed yesterday at $8.79, close to its 52-week low of $7.78.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.3% and a 71.6% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and HEICO Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vista Outdoor with a $12.50 average price target.
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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.
