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DSW Inc. (NYSE:DSW) has been upgraded to Neutral in a statement by Cleveland Research earlier today.

Cleveland Research has upgraded DSW Inc. (NYSE:DSW) to Neutral in a statement released on 06/08/2017.

Having a price of $16.93, DSW Inc. (NYSE:DSW) traded -3.78% lower on the day. With the last close down 2.52% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. DSW Inc. has recorded a 50-day average of $20.02 and a two hundred day average of $18.73. Trade Volume was down over the average, with 1,568,269 shares of DSW changing hands under the typical 2,167,710

Recent Performance Chart

DSW Inc. (NYSE:DSW)

DSW Inc. has 52 week low of $15.14 and a 52 week high of $25.96 with a PE ratio of 12.87 and has a market capitalization of $0.

In addition to Cleveland 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 $28.43 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 12 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On DSW Inc. (NYSE:DSW)

DSW Inc. is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment. As of January 28, 2017, the Company operated 501 DSW stores, dsw.com and shoe departments in 288 Stein Mart stores and Steinmart.com, 106 Gordmans stores and Gordmans.com, and one Frugal Fannie's store. DSW separates its merchandise into three primary categories: women's footwear; men's footwear, and accessories and other (which includes kids' footwear). Other primarily includes Ebuys and its investment in Town Shoes. The ABG segment partners with three other retailers to help build and optimize their in-store and online footwear businesses.

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