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Canaccord announced Columbia Sportswear (NASDAQ:COLM), hiking its price target to $72.00 today

Canaccord upped the price target of Columbia Sportswear (NASDAQ:COLM) to $72.00 reporting a potential upside of 0.32%.

On 7/29/2016, Citigroup reported on Columbia Sportswear (NASDAQ:COLM) lowered the target price from $69.00 to $68.00 that suggested an upside of 0.19%.

Boasting a price of $54.74, Columbia Sportswear (NASDAQ:COLM) traded 3.58% higher on the day. The last close is down -1.68% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $55.60 and a 200-day moving average of $57.67. 143,515 shares of COLM traded, down from an avg. volume of 238,877

See Chart Below

Columbia Sportswear (NASDAQ:COLM)

With a total market value of $0, Columbia Sportswear has PE ratio of 22.61 with a one year low of $43.56 and a one year high of $66.00 .

Also covering Columbia Sportswear's price target, a total of 16 equity analysts have released a ratings update on COLM. The one year target is $64.06 with six brokerages rating the company a strong buy, 3 analysts rating the company a buy, eight firms rating the stock a hold, one equity analyst rating the company a underperform, and finally 0 firms rating the stock a sell.

Brief Synopsis On Columbia Sportswear (NASDAQ:COLM)

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. The Company's geographic segments are the United States, Latin America and Asia Pacific (LAAP), the Europe, Middle East and Africa (EMEA), and Canada. The Company develops and manages its merchandise in categories, including apparel, accessories and equipment, and footwear. Its apparel, accessories and equipment are designed to be used in various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports and adventure travel. The Company's footwear products include hiking boots, trail running shoes, rugged cold weather boots, sandals and casual shoes. Its products are sold in approximately 100 countries.

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