DSW Inc (NYSE:DSW) Rating Reaffirmed
DSW Inc (NYSE:DSW) just had their share rating of a ‘”Neutral”‘ issued by research analysts at MKM Partners, who now has a $25.00 Estimated Target Price on the $2.09B market cap company or a 4.08% upside potential. This key information was announced to investors in a comprehensive report on Thursday morning.
From a total of 14 analysts covering DSW Inc (NYSE:DSW) stock, 4 rate it a ”Buy”, 2 a “Sell”, and 8 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is $38 while the lowest target price is $19. The mean of all analyst targets is $25.61 with a 6.62% above today’s ($24.02) stock price. DSW Inc was the topic of 27 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. M Partners maintained shares on November 25 with “Neutral” rating. Susquehanna downgraded shares to “Neutral” rating and $23 target share price in a report from a November 4. Telsey Advisory Group maintained DSW stock in a recent report from November 25 with “Market Perform” rating. Deutsche Bank initiated the rating on October 30. Deutsche Bank has a “Hold” rating and a $27 price target on shares. Finally, Buckingham Research maintained the stock with “Buy” rating in a report issued on a November 4.
The stock increased 2.17% or $0.51 on November 25, striking $24.02. Approximately 2.62 million shares of stock traded hands. DSW Inc. (NYSE:DSW) has declined 38.63% since April 24, 2015 and is downtrending. It has underperformed by 37.27% the S&P500.
DSW Inc. is a footwear and accessories retailer. The company has a market cap of $2.09 billion. The Firm offers assortment of shoes, handbags and accessories for women and men. It has 13.81 P/E ratio. The Firm operates through two divisions: the DSW segment and the Affiliated Business Group segment.
According to Zacks Investment Research, “DSW is a specialty branded footwear retailer operating DSW stores and also supplies, under supply arrangements, to related retailers and to other non-related retailers in the United States.” Get a free copy of the Zacks research report on DSW Inc. (DSW)