Deckers Outdoor Receives a Buy from Stifel Nicolaus

By Austin Angelo

Stifel Nicolaus analyst Jim Duffy reiterated a Buy rating on Deckers Outdoor (NYSE: DECK) on July 28 and set a price target of $74. The company’s shares closed on Friday at $65.44.

According to TipRanks.com, Duffy is ranked 0 out of 5 stars with an average return of -10.6% and a 26.9% success rate. Duffy covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and G-III Apparel Group.

Currently, the analyst consensus on Deckers Outdoor is Moderate Buy and the average price target is $72.50, representing a 10.8% upside.

In a report issued on July 27, Canaccord Genuity also reiterated a Buy rating on the stock with a $76 price target.

The company has a one year high of $66.97 and a one year low of $62.75. Currently, Deckers Outdoor has an average volume of 636.6K.

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.

Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.