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Zacks Investment Research downgraded Boot Barn Holdings Inc (NYSE:BOOT) to Hold in a report released today.

Yesterday Boot Barn Holdings Inc (NYSE:BOOT) traded 0.75% higher at $10.83. The company’s 50-day moving average is $11.58 and its 200-day moving average is $9.31. The last stock close price is up 15.74% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 86,327 shares of the stock were exchanged, down from an average trading volume of 244,116

Zacks Investment Research has downgraded Boot Barn Holdings Inc (NYSE:BOOT) to Hold in a report released on Tuesday September 27, 2016.

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Boot Barn Holdings Inc (NYSE:BOOT)

Boot Barn Holdings Inc has a 52 week low of $5.20 and a 52 week high of $18.74 with a P/E ratio of 34.66 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $11.50 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Boot Barn Holdings Inc (NYSE:BOOT)

Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company's stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations. The Company's stores average an area of approximately 11,490 square feet and feature an assortment of brands and styles. It also carries assortments of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry and accessories. The Company's western assortment includes various brands, such as Ariat, Dan Post, Justin, Levi Strauss, Lucchese, Miss Me, Montana Silversmiths, Resistol and Wrangler. Its work assortment includes rugged footwear, outerwear, overalls, denim and shirts. Its other brands include Carhartt, Georgia, Timberland Pro and Wolverine. As of March 26, 2016, the Company operated 208 stores in 29 states.

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