In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on American Outdoor Brands (AOUT – Research Report), with a price target of $13.00. The company’s shares closed yesterday at $9.00.
Wold covers the Services sector, focusing on stocks such as AMC Entertainment, Cinemark Holdings, and SeaWorld. According to TipRanks, Wold has an average return of 6.4% and a 45.82% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Outdoor Brands with a $12.50 average price target.
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The company has a one-year high of $14.02 and a one-year low of $7.10. Currently, American Outdoor Brands has an average volume of 25.23K.
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American Outdoor Brands Inc is engaged in the business of providing outdoor products and accessories for hunting, fishing, camping, shooting, and personal security and defense products. The company designs and produces products and accessories, including shooting supplies, rests, vaults, and other related accessories; premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; electro-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products.
Read More on AOUT:
- American Outdoor Brands price target raised to $13 from $12 at B. Riley
- American Outdoor Brands sees FY23 revenue above pre-pandemic levels by up to 13%
- American Outdoor Brands reports Q3 adjusted EPS 13c, consensus 23c
- American Outdoor Brands, Inc. Reports Third Quarter Fiscal 2023 Financial Results
