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DSW Inc (NYSE:DSW) stock price target dropped to $17.00, released a research note earlier today by Canaccord Genuity

Yesterday DSW Inc (NYSE:DSW) traded -5.38% lower at $16.56. The company’s 50-day moving average is $20.40 and its 200-day moving average is $18.74. The last closing price is down -3.31% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. 1,701,872 shares of the stock traded hands, down from an average trading volume of 2,297,760

Indicating a possible upside of 0.03%, Canaccord Genuity bumped down the target of DSW Inc (NYSE:DSW) to $17.00

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DSW Inc has a 52 week low of $15.14 and a 52 week high of $25.96 with a P/E ratio of 12.14 The company’s market cap is currently $0.

In addition to Canaccord Genuity reporting its stock price target, a total of 14 brokers have issued a report on the company. The average stock price target is $28.43 with 3 brokers rating the stock a strong buy, two analysts rating the company a buy, twelve analysts rating the company a hold, two analysts rating the company a underperform, and lastly one analyst rating the company a sell.

General Company Details For 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, and the Affiliated Business Group (ABG) segment. As of January 28, 2017, the Company operated 501 DSW stores, and shoe departments in 288 Stein Mart stores and, 106 Gordmans stores and, 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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