A statement released earlier today by Goldman Sachs about Dick's Sporting Goods Inc. (NYSE:DKS) bumps the target price to $56.00
- Updated: September 18, 2016
In a statement issued on 8/3/2016 Goldman Sachs bumped up the target price of Dick’s Sporting Goods Inc. (NYSE:DKS) from $53 to $56 reporting a possible upside of 0.11%.
Previously on 8/2/2016, Citigroup reported about Dick’s Sporting Goods Inc.(NYSE:DKS) upped the target price from $50.00 to $58.00. At the time, this indicated a possible upside of 0.15%.
Boasting a price of $50.36, Dick’s Sporting Goods Inc. (NYSE:DKS) traded 0.13% higher on the day. The last stock price is up 26.47% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has logged a 50-day moving average of $56.16 and two hundred day moving average of $47.79. Trade volume was was down over the average, with 1,689,012 shares of DKS changing hands under the typical 1,980,370 shares.
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With a market cap of $0.0, Dick’s Sporting Goods Inc. has a 52 week low of $33.42 and a one-year high of $60.87 with a PE ratio of 21.
In addition to Goldman Sachs reporting it’s price target, a total of 26 firms have released a report on the company. The consensus target stock price is $49.88 with seven firms rating the stock a strong buy, 10 firms rating the company a buy, 11 firms rating the stock a hold, 0 rating the company to underperform, and finally one brokeragerating the company as sell.
General Company Details For Dick’s Sporting Goods Inc. (NYSE:DKS)
DICK’S Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, as well as e-commerce Websites at www.DICKS.com, www.golfgalaxy.com, www.fieldandstreamshop.com and www.caliastudio.com. The Company offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear. It offers products to its customers through its retail stores and online. The Company operates approximately 640 Dick’s Sporting Goods stores in over 50 states; approximately 70 Golf Galaxy stores in over 30 states, and approximately 20 Field & Stream stores in over nine states. Each of its Dick’s Sporting Goods stores includes footwear, team sports, outdoor lodge, golf, and fitness and athletic apparel.
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