Barclays Capital announced Cabela's (NYSE:CAB), bumping up its stock price target to $64.00 today
- Updated: October 3, 2016
Having a price of $63.18, Cabela's (NYSE:CAB) traded 14.67% higher on the day. With the last close up 25.48% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CAB has recorded a 50-day average of $50.23 and a two hundred day average of $50.20. Trade Volume was up over the average, with 11,138,066 shares of CAB changing hands over the typical 666,064
In a statement issued on 10/04/2016 Barclays Capital raised the target price of Cabela's (NYSE:CAB) from $50.00 to $64.00 indicating a possible upside of 0.01%.
On 10/3/2016, Goldman Sachs Group Inc. released a statement on Cabela's (NYSE:CAB) upped the target price from $0.00 to $53.00 that suggested a downside of -0.04%.
Recent Performance Chart
Cabela's has PE ratio of 23.89 with a one year low of $33.03 and a one year high of $63.00 and has a market capitalization of $0.
A total of 14 analysts have released a report on Cabela's. zero analysts rating the company a strong buy, four analysts rating the company a buy, fourteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $48.50.
General Company Details For Cabela's (NYSE:CAB)
Cabela's Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company offers national and regional brand products, including its Cabela's brand. The Company's segments include Retail, Direct, Financial Services, and Corporate Overhead and Other. The Retail segment sells products and services through its retail stores. The Retail segment enables customers to access and use its retail stores, Web and social media channels, and catalogs. The Direct segment sells products through its e-commerce Websites (Cabelas.com and Cabelas.ca) and direct mail catalogs. The Financial Services segment issues co-branded credit cards and provides customers with a rewards program. Its products include merchandise and equipment for hunting, fishing, marine use and camping, along with casual and outdoor apparel and footwear, optics, vehicle accessories, and gifts and home furnishings with an outdoor theme.
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