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B.Riley Financial Sticks to Its Buy Rating for Sportsman’s Warehouse (SPWH)
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B.Riley Financial Sticks to Its Buy Rating for Sportsman’s Warehouse (SPWH)

In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Sportsman’s Warehouse (SPWHResearch Report), with a price target of $12.00. The company’s shares closed yesterday at $4.94.

According to TipRanks, Wold is ranked #1416 out of 8336 analysts.

In addition to B.Riley Financial, Sportsman’s Warehouse also received a Buy from Craig-Hallum’s Greg Palm in a report issued yesterday. However, on May 30, Craig-Hallum assigned a Hold rating to Sportsman’s Warehouse (NASDAQ: SPWH).

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SPWH market cap is currently $174.5M and has a P/E ratio of 8.92.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SPWH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sportsman’s Warehouse Holdings, Inc. engages in the retail of sporting and athletic goods through its wholly owned subsidiaries, Sportsman’s Warehouse, Inc., and Minnesota Merchandising Corp. Its products include hunting and shooting; archery; fishing; camping; boating accessories; optics and electronics; knives and tools; and footwear. The company was founded in 1986 and is headquartered in Midvale, UT.

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