Hibbett Sports (HIBB) Given New $27.00 Price Target at BMO Capital Markets
Hibbett Sports (NASDAQ:HIBB) had its target price hoisted by BMO Capital Markets to $27.00 in a research report report published on Tuesday morning, Marketbeat Ratings reports. They currently have a market perform rating on the stock.
A number of other research firms also recently weighed in on HIBB. Canaccord Genuity set a $31.00 target price on shares of Hibbett Sports and gave the stock a buy rating in a report on Monday, February 26th. Robert W. Baird boosted their target price on shares of Hibbett Sports to $24.00 and gave the stock a neutral rating in a report on Monday, February 26th. Stephens restated a hold rating and issued a $22.00 target price on shares of Hibbett Sports in a report on Monday, February 26th. BidaskClub upgraded shares of Hibbett Sports from a hold rating to a buy rating in a report on Tuesday, February 13th. Finally, Bank of America upgraded shares of Hibbett Sports from an underperform rating to a buy rating and reduced their target price for the stock from $14.00 to $12.00 in a report on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $21.20.
Shares of Hibbett Sports (HIBB) opened at $24.80 on Tuesday. Hibbett Sports has a fifty-two week low of $9.40 and a fifty-two week high of $30.75. The firm has a market cap of $519.66, a PE ratio of 14.62 and a beta of 0.85.
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About Hibbett Sports
Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.
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