Wedbush Maintains Their Buy Rating on American Outdoor Brands Corp


Wedbush analyst James Hardiman maintained a Buy rating on American Outdoor Brands Corp (NASDAQ: AOBC) today and set a price target of $14.50. The company’s shares closed yesterday at $13.23.

According to TipRanks.com, Hardiman is a 3-star analyst with an average return of 7.0% and a 59.6% success rate. Hardiman covers the Services sector, focusing on stocks such as Booking Holdings Inc, TripAdvisor Inc, and Expedia.

American Outdoor Brands Corp has an analyst consensus of Strong Buy, with a price target consensus of $13.50.

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American Outdoor Brands Corp’s market cap is currently $716.1M and has a P/E ratio of 18.12. The company has a Price to Book ratio of 1.74.

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American Outdoor Brands Corp. manufactures firearms. Its products include handguns, long guns, handcuffs and firearm-related products and accessories for sale to a wide variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers and military agencies in the United States and throughout the world. It sells its products under the Smith & Wesson, M&P, Thompson and Center Arms brands. The company was founded by Michell A. Saltz on June 17, 1991 and is headquartered in Springfield, MA.

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