Why Has BMO Capital Markets Given Duluth Holdings (NASDAQ:DLTH) a $20.00 Price Target
New York: Duluth Holdings (NASDAQ:DLTH) coverage was started with a key ‘Outperform’ rating as well as a $20.00 target price per share at BMO Capital Markets. The TP by BMO Capital Markets suggests upside of 21.88% from the last price.
Approximately 273,368 shares of stock traded hands. Duluth Holdings Inc (NASDAQ:DLTH) has risen 6.00% since November 15, 2015 and is uptrending. It has outperformed by 9.68% the S&P500.
Duluth Holdings Inc. is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own channels. The company has a market cap of $501.86 million. The Firm offers a line of functional products, such as Longtail T shirts, Buck Naked underwear and Fire Hose work pants. It currently has negative earnings. The Firm operates through two divisions: direct and retail.
According to Zacks Investment Research, “Duluth Holdings Inc. provides casual wear, workwear and accessories for men and women. The company markets its products under trademarks, trade names and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Buck Naked, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Company, Duluthflex, Fire Hose, Longtail T, No Polo Shirt and Wild Boar Mocs. Duluth Holdings Inc. is headquartered in Belleville, Wisconsin.”