In a report released yesterday, Christopher Horvers from J.P. Morgan maintained a Sell rating on Solo Brands Inc Class A (DTC – Research Report). The company’s shares closed yesterday at $2.10.
According to TipRanks, Horvers is a 5-star analyst with an average return of 8.8% and a 63.87% success rate. Horvers covers the Consumer Cyclical sector, focusing on stocks such as Costco, Mattel, and Solo Brands Inc Class A.
Solo Brands Inc Class A has an analyst consensus of Hold, with a price target consensus of $3.24.
The company has a one-year high of $8.86 and a one-year low of $2.02. Currently, Solo Brands Inc Class A has an average volume of 1.08M.
Based on the recent corporate insider activity of 32 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 DTC 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.
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.
Read More on DTC:
- Product Liability Concerns: A Looming Threat to Solo Brands’ Financial Future
- Solo Brands price target lowered to $3 from $5 at Craig-Hallum
- Solo Brands price target lowered to $2.40 from $4 at B. Riley
- Solo Brands price target lowered to $3 from $4 at Piper Sandler
- Solo Brands weakness a buying opportunity, says Canaccord
