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A statement released earlier today by Zacks Investment Research about DSW Inc. (NYSE:DSW) ups the target price to $27.00

Zacks Investment Research bumped up the target of DSW Inc. (NYSE:DSW) to $27.00 reporting a possible upside of 0.14%.

Just yesterday DSW Inc. (NYSE:DSW) traded 0.21% higher at $23.71. DSW Inc.’s 50-day moving average is $22.02 and its 200-day moving average is $22.35. The last closing price is up 6.29% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,576,039 shares of DSW traded hands, down from an average trading volume of 1,801,300

Recent Performance Chart

DSW Inc. (NYSE:DSW)

DSW Inc. has 52 week low of $18.51 and a 52 week high of $29.53 with a PE ratio of 18.65 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $28.43 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 12 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On DSW Inc. (NYSE:DSW)

DSW Inc. is a footwear retailer. The Company offers assortment of shoes, handbags and accessories for women, men and children. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. The DSW segment includes DSW stores and dsw.com. The Company, through its ABG segment, partners with approximately three other retailers to help build and optimize their footwear businesses. The Company operates over 470 DSW stores, dsw.com and shoe departments in approximately 280 Stein Mart stores and Steinmart.com, over 100 Gordmans stores and Gordmans.com, and approximately one Frugal Fannie's store. Its DSW stores average approximately 21,000 square feet and carry over 21,500 pairs of shoes. In addition, it offers DSW Rewards program, through which members earn points towards certificates every time they purchase.

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