When it comes to investing in the stock market, making informed decisions is crucial. The last quarter has seen a wide range of ratings from analysts for Vista Outdoor stock (NYSE:VSTO), varying from bullish to bearish. A total of six analysts have provided their ratings, with two analysts being bullish, and one analyst somewhat bearish.
The recent ratings, gathered over the last 30 days and spanning the last few months, have showcased evolving sentiments among analysts. Just a month ago, there were two analysts maintaining a bearish stance on Vista Outdoor, which was a drastic shift compared to the previous months.
Looking at the latest twelve-month price targets, analysts have established an average target of $41.17, ranging from $43.00 to $40.00. The current average indicates a positive shift, experiencing an increase of 1.91% from the previous average price target of $40.40. This shift in sentiment may be key in determining Vista Outdoor’s future performance.
Exploring Analyst Ratings: An In-Depth Overview helps investors grasp how financial experts perceive the company. A recent review of analyst actions gives insights into their reactions to Vista Outdoor’s latest conditions and performance. Analysts and their latest actions in evaluating Vista Outdoor have included, among others:
- Matt Koranda of Roth MKM maintaining a neutral rating, with a target price of $42.00
- Eric Wold of B. Riley Securities maintaining a neutral rating, with a target price of $43.00
- Rommel Dionisio of Aegis Capital announcing a hold rating with a target price of $40.00
- Mark Smith of Lake Street raising a hold rating, from a target price of $37.00 to $40.00
- Matt Koranda of Roth MKM raising from a neutral to a buy rating, with a target price of $42.00 and later maintaining a buy rating with a target price of $40.00.
Action Taken by analysts when evaluating a company may have direct implications for a potential investment. Their actions can frequently change market conditions and the performance of the business in question. In deciding what approach to take with an investment in Vista Outdoor, looking at how analysts have rated their company can provide further insight.