Deckers Outdoor Corporation (DECK) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Deckers Outdoor Corporation (DECK) : The consensus price target for Deckers Outdoor Corporation (DECK) is $66.08 for the short term with a standard deviation of $7.99. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $80, however, the pessimist price target for the company is $54.
Also, Equity Analysts at the Telsey Advisory Group upgrades the rating on Deckers Outdoor Corporation (NYSE:DECK). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Market Perform. The rating by the firm was issued on August 15, 2016.
Deckers Outdoor Corporation (NYSE:DECK): After opening at $57.67, the stock dipped to an intraday low of $57.53 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $60.05 and the buying power remained strong till the end. The stock closed at $60.02 for the day, a gain of 3.75% for the day session. The total traded volume was 554,514. The stocks close on the previous trading day was $57.85.
Deckers Outdoor Corporation (Deckers) offers footwear, apparel and accessories. The Companys segments include operations of Deckers brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions; E-Commerce business, and retail store business. It sells its UGG footwear and accessories through department stores, independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers, outdoor retailers, specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores, department stores, outdoor specialty accounts, independent specialty retailers, and through online retailers. It operate its E-Commerce business through Uggaustralia.com, Teva.com, Sanuk.com, Ahnu.com, Hokaoneone.com, Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.