Wells Fargo analyst Ike Boruchow maintained a Hold rating on Dick’s Sporting Goods (DKS – Research Report) today and set a price target of $210.00. The company’s shares closed yesterday at $206.09.
According to TipRanks, Boruchow is an analyst with an average return of -4.0% and a 42.28% success rate. Boruchow covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Gap, and Nike.
In addition to Wells Fargo, Dick’s Sporting Goods also received a Hold from Jefferies’s Jonathan Matuszewski in a report issued on April 12. However, on April 8, Gordon Haskett Capital Corporation maintained a Buy rating on Dick’s Sporting Goods (NYSE: DKS).
DKS market cap is currently $16.99B and has a P/E ratio of 16.92.
Based on the recent corporate insider activity of 61 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 DKS in relation to earlier this year. Last month, Lauren Hobart, the President & CEO of DKS sold 139,000.00 shares for a total of $30,404,758.90.
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.
Dick’s Sporting Goods (DKS) Company Description:
Dick’s Sporting Goods, Inc. engages in the retail of extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.
Read More on DKS:
