Cabelas Inc (CAB) : The consensus on Cabelas Inc (CAB) based on 13 analyst recommendation on the company stock is 2.62, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Cabelas Inc (CAB) : The highest level Cabelas Inc (CAB) is projected to reach is $59 for the short term and the lowest estimate is at $36. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $51.67 and the possibility the share price can swing is $7.3.
Company shares have received an average consensus rating of Hold for the current week Cabelas Inc (NYSE:CAB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.08 and $51.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.64, notching a gain of 0.04% for the day. The total traded volume was 345,319 . The stock had closed at $51.62 on the previous day.
In a related news, Milrod Donna M, director of Cabelas Inc, executed a transaction worth $25,093 on July 27, 2015. A total of 575 shares were purchased at an average price of $43.64. 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.
Cabelas Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company operates under the following segments: Retail, Direct, Financial Services, and Corporate Overhead and Other. The Retail Business segment enables customers to access and use its retail stores, Web and social media channels, and catalogs. The Direct Business segment sells products through its e-commerce Websites and direct mail catalogs. The Financial Services Business segment provides customers with a rewards program. The Companys products include merchandise and equipment for hunting, fishing, marine use, and camping along with casual and outdoor apparel and footwear, optics, wildlife and land management products and services, vehicle accessories, and gifts and home furnishings, among others.