Vista Outdoor (VSTO) : The consensus on Vista Outdoor (VSTO) based on 8 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Vista Outdoor (VSTO) stock is expected to deviate a maximum of $4.78 from the average target price of $51.21 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $45.
Also, In the latest statement by the brokerage house, KeyBanc upgrades its outlook on Vista Outdoor (NYSE:VSTO). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Sector Weight. The rating by the firm was issued on August 30, 2016.
Vista Outdoor (NYSE:VSTO): After opening at $38.04, the stock dipped to an intraday low of $37.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.5 and the buying power remained strong till the end. The stock closed at $38.42 for the day, a gain of 1.05% for the day session. The total traded volume was 708,383. The stocks close on the previous trading day was $38.02.
Vista Outdoor Inc. is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates in two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segments products include pistol, rifle, rimfire and shotshell ammunition and primers, centerfire rifles, rimfire rifles, shotguns and range systems. Its Outdoor Products segments product lines include optics, accessories and eyewear. It serves the outdoor sports and recreation markets through a diverse portfolio of over 30 brands that provide consumers with a range of products, including sporting ammunition and firearms, outdoor accessories, outdoor sports optics, golf rangefinders and performance eyewear. It serves a range of end consumers, including outdoor enthusiasts, hunters and recreational shooters, athletes, as well as law enforcement and military professionals. Its products are sold through a variety of mass, specialty and independent retailers.