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DAVIDsTEA Inc (NDAQ:DTEA) has been downgraded from Hold to Neutral in a statement by BMO Capital Markets earlier today.

BMO Capital Markets has downgraded DAVIDsTEA Inc (NDAQ:DTEA) from Hold to Neutral in a report released on Thursday June 08, 2017.

Previously on Monday April 17, 2017, BMO Capital Markets reported about DAVIDsTEA Inc (NDAQ:DTEA) raised the target price from $0.00 to $9.00 that suggested an upside of 0.38%.

Displaying a price of $6.05, DAVIDsTEA Inc (NDAQ:DTEA) traded 2.38% higher on the day. The last close is up -5.45% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the date range. DAVIDsTEA Inc has recorded a 50-day average of $4.55 and a 200-day moving average of $4.55. 14,496 shares of DAVIDsTEA Inc traded, down from an avg. volume of 79,609

Recent Performance Chart

DAVIDsTEA Inc (NDAQ:DTEA)

DAVIDsTEA Inc has a 52 week low of $4.05 and a one year high of $12.88 DAVIDsTEA Inc’s market capitalization is presently $0.

A total of 4 brokerages have issued a research note on the company. 1 firm rating the stock a strong buy, 0 brokers rating the stock a buy, 4 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $14.89.

General Company Details For DAVIDsTEA Inc (NDAQ:DTEA)

DAVIDsTEA Inc. is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company's segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com. Additionally, the Company offers on-the-go tea beverages in its retail stores. The Company's tea accessories include tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins and spoons. The Company offers beverages range from the standard hot or iced tea to its Tea Lattes. The Company's different flavors of loose-leaf tea span eight tea categories: white, green, oolong, black, pu'erh, mate, rooibos and herbal tea.

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