In a report released yesterday, Janine Stichter from BTIG maintained a Hold rating on Allbirds (BIRD – Research Report). The company’s shares closed last Friday at $1.23.
According to TipRanks, Stichter is a 3-star analyst with an average return of 2.4% and a 40.51% success rate. Stichter covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Steven Madden, and VF.
Currently, the analyst consensus on Allbirds is a Hold with an average price target of $1.28.
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The company has a one-year high of $3.45 and a one-year low of $0.64. Currently, Allbirds has an average volume of 1.06M.
Based on the recent corporate insider activity of 18 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 BIRD in relation to earlier this year.
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Allbirds (BIRD) Company Description:
Allbirds Inc is a global lifestyle brand that innovates with naturally derived materials to make footwear and apparel products. Its primary source of revenue is from sales of shoes and apparel products in its directly owned digital and physical retail channels.
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