Barclays analyst Trevor Young maintained a Buy rating on 1stdibs.com (DIBS – Research Report) today and set a price target of $6.00. The company’s shares closed last Friday at $3.59.
Young covers the Consumer Cyclical sector, focusing on stocks such as Etsy, Revolve Group, and Chewy. According to TipRanks, Young has an average return of -6.4% and a 43.44% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 1stdibs.com with a $6.00 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $7.47 and a one-year low of $3.45. Currently, 1stdibs.com has an average volume of 112.4K.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DIBS 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.
1stdibs.com (DIBS) Company Description:
1stdibs.com Inc is a online marketplace for connecting design lovers with highly coveted sellers and makers of vintage, antique, and contemporary furniture, home decor, art, jewelry, watches and fashion.
