After Lake Street and Monness gave Vista Outdoor (NYSE: VSTO) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Eric Wold reiterated a Buy rating on Vista Outdoor today and set a price target of $16.00. The company’s shares closed last Wednesday at $14.89.
According to TipRanks.com, Wold is ranked 0 out of 5 stars with an average return of -13.6% and a 30.2% success rate. Wold covers the Services sector, focusing on stocks such as Dolby Laboratories, National Cinemedia, and Cinemark Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vista Outdoor with a $13.75 average price target, implying a -5.6% downside from current levels. In a report issued on June 25, Monness also maintained a Buy rating on the stock with a $15.00 price target.
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The company has a one-year high of $14.74 and a one-year low of $4.29. Currently, Vista Outdoor has an average volume of 1.45M.
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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 following segments: Shooting Sports and Outdoor Products. The Shooting Sports product lines include centerfire ammunition, rimfire ammunition, shotshell ammunition, reloading components and firearms. The Outdoor Products product lines include action sports, archery and hunting accessories, camping, global eyewear and sport protection products. The company was founded in 2014 and is headquartered in Anoka, MN.
