Cabelas Inc (NYSE:CAB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Boasting a price of $62.06, Cabelas Inc (NYSE:CAB) traded -0.06% lower on the day. The last stock close price is up 20.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. CAB has recorded a 50-day average of $53.98 and a two hundred day average of $51.42. Trade Volume was down over the average, with 899,109 shares of CAB changing hands under the typical 1,489,920
Zacks Investment Research has upgraded Cabelas Inc (NYSE:CAB) to Hold in a statement released on Monday October 17, 2016.
On 10/10/2016, Vetr Inc. released a statement for Cabelas Inc (NYSE:CAB) bumped up the target price from $0.00 to $60.73 that suggested a downside of -0.02%.
Recent Performance Chart
Cabelas Inc has 52 week low of $33.03 and a 52 week high of $63.60 with a PE ratio of 23.46 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 $48.50 with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 14 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Cabelas Inc (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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