A statement released earlier today by Citigroup about Boot Barn Holdings Inc (NYSE:BOOT) raises the target price to $11.00
- Updated: September 27, 2016
Boasting a price of $10.84, Boot Barn Holdings Inc (NYSE:BOOT) traded 0.75% higher on the day. With the last stock price close up 15.74% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Boot Barn Holdings Inc has recorded a 50-day average of $11.58 and a two hundred day average of $9.31. Volume of trade was down over the average, with 86,327 shares of BOOT changing hands under the typical 244,116
In a report released on 9/27/2016 Citigroup increased the stock price target of Boot Barn Holdings Inc (NYSE:BOOT) from $9.00 to $11.00 stating a potential upside of 0.01%.
With a total market value of $0, Boot Barn Holdings Inc has price-earnings ratio of 34.66 with a one year low of $5.20 and a one year high of $18.74 .
A total of 6 equity analysts have released a ratings update on BOOT. 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $11.50.
More About Boot Barn Holdings Inc (NYSE:BOOT)
Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company's stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations. The Company's stores average an area of approximately 11,490 square feet and feature an assortment of brands and styles. It also carries assortments of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry and accessories. The Company's western assortment includes various brands, such as Ariat, Dan Post, Justin, Levi Strauss, Lucchese, Miss Me, Montana Silversmiths, Resistol and Wrangler. Its work assortment includes rugged footwear, outerwear, overalls, denim and shirts. Its other brands include Carhartt, Georgia, Timberland Pro and Wolverine. As of March 26, 2016, the Company operated 208 stores in 29 states.
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