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Craig-Hallum Sticks to Its Hold Rating for Solo Brands Inc Class A (DTC)
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Craig-Hallum Sticks to Its Hold Rating for Solo Brands Inc Class A (DTC)

Craig-Hallum analyst Ryan Sigdahl maintained a Hold rating on Solo Brands Inc Class A (DTCResearch Report) today. The company’s shares closed last Friday at $2.46.

According to TipRanks, Sigdahl is a 5-star analyst with an average return of 19.7% and a 52.59% success rate. Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Lithia Motors, Rush Street Interactive, and Solo Brands Inc Class A.

Solo Brands Inc Class A has an analyst consensus of Hold, with a price target consensus of $4.20, which is a 70.73% upside from current levels. In a report released on March 5, Citi also downgraded the stock to a Hold with a $3.00 price target.

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DTC market cap is currently $223.1M and has a P/E ratio of 6.49.

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Solo Brands Inc Class A (DTC) Company Description:

Solo Brands Inc is a Direct-To-Consumer (DTC) platform. It operates four premium outdoor lifestyle brands Solo Stove, Oru, ISLE, and Chubbies apparel.

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