Analyst Rating Update on DSW (DSW)

DSW (NYSE:DSW) : The consensus on DSW (NYSE:DSW) based on 14 analyst recommendation on the company stock is 2.66, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

DSW (NYSE:DSW) : 11 Wall Street analysts covering DSW (NYSE:DSW) believe that the average level the stock could reach for the short term is $23.55. The maximum price target given is $30 and the minimum target for short term is around $16, hence the standard deviation is calculated at $3.86.

Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Susquehanna maintains its rating on DSW (NYSE:DSW).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Susquehanna lowers the new price target from $27 per share to $24 per share. The rating by the firm was issued on May 16, 2016.

DSW (NYSE:DSW): stock turned positive on Tuesday. Though the stock opened at $20.4, the bulls momentum made the stock top out at $20.82 level for the day. The stock recorded a low of $20.17 and closed the trading day at $20.31, in the green by 0.15%. The total traded volume for the day was 1,831,506. The stock had closed at $20.28 in the previous days trading.

In an insider trading activity, Rawlins Roger, CEO of Dsw Inc., executed a transaction worth $250,982 on May 26, 2016. A total of 12,249 shares were purchased at an average price of $20.49. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.

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