DSW (DSW) Receives Price Target

DSW (DSW) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $28 and the lowest price target forecast is $16. The average forecast of all the analysts is $24 and the expected standard deviation is $3.53.

DSW (DSW) has an average broker rating of 2.44, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 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. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.


Also, In a research note released to the investors, Deutsche Bank maintains its rating on DSW (NYSE:DSW).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Deutsche Bank raises the new price target from $22 per share to $23 per share. The rating by the firm was issued on July 15, 2016.

DSW (NYSE:DSW): The stock opened at $24.08 on Thursday but the bulls could not build on the opening and the stock topped out at $24.13 for the day. The stock traded down to $23.37 during the day, due to lack of any buying support eventually closed down at $23.71 with a loss of -1.00% for the day. The stock had closed at $23.95 on the previous day. The total traded volume was 2,564,108 shares.

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 dsw.com. 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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