BMO Capital analyst Wayne Hood reiterated a Buy rating on Dick’s Sporting Goods (NYSE: DKS) yesterday and set a price target of $62. The company’s shares closed yesterday at $41.04, close to its 52-week low of $37.96.
According to TipRanks.com, Hood is a 3-star analyst with an average return of 3.3% and a 55.9% success rate. Hood covers the Services sector, focusing on stocks such as Wal-Mart Stores Inc, Party City Holdco, and Dollar General.
Currently, the analyst consensus on Dick’s Sporting Goods is Moderate Buy and the average price target is $58.18, representing a 41.8% upside.
In a report issued on May 8, Canaccord Genuity also reiterated a Buy rating on the stock with a $67 price target.
The company has a one year high of $62.88 and a one year low of $37.96. Currently, Dick’s Sporting Goods has an average volume of 3.2M.
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Dick’s Sporting Goods, Inc. engages in the retail of extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.