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Forward View upgraded Hibbett Sports, Inc. (NASDAQ:HIBB) to Buy in a report released today.

Only yesterday Hibbett Sports, Inc. (NASDAQ:HIBB) traded 0.39% lower at $40.61. The company’s 50-day moving average is $37.93 and its two hundred day moving average is $35.86. The last stock close is up 13.10% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Trading volume was was down over the average, with 51,553 shares of HIBB changing hands under the typical 388,175 shares..

Forward View has upgraded Hibbett Sports, Inc.(NASDAQ:HIBB) to Buy in a report released 9/18/2016.

Recent Performance Graphic:

Hibbett Sports, Inc. (NASDAQ:HIBB)

In addition to Forward View reporting it’s target price, a total of 17 equity analysts have issued a report on the stock. The consensus target is $37.94 with two firms rating the company a strong buy, two analysts rating the company a buy, 11 analysts rating the stock a hold, three firms rating the stock to underperform, and lastly one brokerage rating the stock as sell.

Hibbett Sports, Inc. has a 52 week low of $27.58 and a 52 week high of $41.49 with a P/E ratio of 13 and has a market capitalization of $0.0.

General Information About Hibbett Sports, Inc. (NASDAQ:HIBB)

Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets in the South, Southwest, Mid-Atlantic and Midwest regions of the United States. The Company operates approximately 1, 040 stores in over 30 states, which consists of approximately 1, 020 Hibbett Sports stores and over 20 Sports Additions athletic shoe stores. It sells merchandise of various brands, such as Nike, Under Armour, Reebok, adidas, Easton, The North Face and Yeti. It maintains a single wholesale and logistics facility in Alabaster, Alabama. Hibbett Sports stores offer a merchandising mix of localized apparel, footwear, equipment and accessories. Sports Additions store consists of a merchandising mix of athletic footwear, and caps and a limited assortment of apparel. Hibbett Team Sales, Inc. (Team), a subsidiary of the Company, is a supplier of customized athletic apparel, equipment and footwear to school athletic programs in Alabama and parts of Georgia, and Florida and Mississippi.

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