S&P Equity Research downgraded shares of Deckers Outdoor (NASDAQ: DECK) from a buy rating to a hold rating in a report issued on Monday. They currently have $47.00 target price on the stock, up from their previous target price of $40.00.
Deckers Outdoor traded up 1.42% on Monday, hitting $48.67. Deckers Outdoor has a 52-week low of $28.53 and a 52-week high of $75.21. The stock’s 50-day moving average is currently $41.59. The company has a market cap of $1.700 billion and a price-to-earnings ratio of 13.91.
Several other analysts have also recently commented on the stock. Analysts at Susquehanna raised their price target on shares of Deckers Outdoor from $35.00 to $40.00 in a research note to investors on Friday, March 1st. They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Deckers Outdoor from $35.00 to $42.00 in a research note to investors on Friday, March 1st. They now have a hold rating on the stock. Finally, analysts at ISI Group reiterated a buy rating on shares of Deckers Outdoor in a research note to investors on Friday, March 1st.
Five equities research analysts have rated the stock with a buy rating, one has issued an overweight rating, and ten have assigned a hold rating to the company. Deckers Outdoor presently has an average rating of overweight and a consensus target price of $47.33.
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