Cabela's (NYSE:CAB) target bumped up to $64.00, released a ratings update earlier today by Barclays
- Updated: October 4, 2016
Stating a potential upside of 0.01%, Barclays increased the stock price target of Cabela's (NYSE:CAB) to $64.00
Previously on 10/03/2016, Goldman Sachs Group Inc. reported about Cabela's (NYSE:CAB) raised the target price from $0.00 to $53.00. At the time, this indicated a possible downside of -0.04%.
Only yesterday Cabela's (NYSE:CAB) traded 0.22% higher at $63.18. Cabela's’s 50-day average is $50.55 and its two hundred day average is $50.36. The last closing price is up 25.73% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 6,788,264 shares of Cabela's exchanged hands, up from an avg. volume of 968,353
Recent Performance Chart
Cabela's has price-earnings ratio of 24.01 with a one year low of $33.03 and a 52 week high of $63.38 and has a market capitalization of $0.
In addition to Barclays 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 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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