Hibbett Sports (HIBB) Stock Rating Reaffirmed by Robert W. Baird
Hibbett Sports (NASDAQ:HIBB)‘s stock had its “hold” rating restated by stock analysts at Robert W. Baird in a research note issued to investors on Friday.
Several other brokerages also recently commented on HIBB. Susquehanna Bancshares reissued a “buy” rating and issued a $21.00 price target on shares of Hibbett Sports in a report on Monday, November 20th. Buckingham Research downgraded shares of Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 price target for the company. in a report on Tuesday, November 21st. Zacks Investment Research downgraded shares of Hibbett Sports from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. ValuEngine raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Finally, TheStreet raised shares of Hibbett Sports from a “d+” rating to a “c” rating in a report on Tuesday, November 21st. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Hibbett Sports currently has a consensus rating of “Hold” and an average target price of $21.59.
Shares of Hibbett Sports (NASDAQ:HIBB) traded up $0.35 during trading hours on Friday, reaching $20.90. 1,573,937 shares of the company’s stock traded hands, compared to its average volume of 1,125,138. Hibbett Sports has a 1 year low of $9.40 and a 1 year high of $41.00. The company has a market cap of $429.29, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 6.47 and a beta of 0.96.
A number of institutional investors have recently bought and sold shares of HIBB. Renaissance Technologies LLC bought a new stake in Hibbett Sports in the second quarter worth $15,077,000. Dimensional Fund Advisors LP lifted its stake in Hibbett Sports by 63.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,312,080 shares of the company’s stock worth $27,226,000 after purchasing an additional 511,443 shares during the last quarter. Koch Industries Inc. bought a new stake in Hibbett Sports in the second quarter worth $313,000. Nordea Investment Management AB lifted its stake in Hibbett Sports by 74.6% in the second quarter. Nordea Investment Management AB now owns 651,637 shares of the company’s stock worth $13,521,000 after purchasing an additional 278,395 shares during the last quarter. Finally, Dean Capital Management bought a new stake in Hibbett Sports in the second quarter worth $3,133,000.
ILLEGAL ACTIVITY NOTICE: “Hibbett Sports (HIBB) Stock Rating Reaffirmed by Robert W. Baird” was reported by Watch List News and is owned by of Watch List News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.watchlistnews.com/hibbett-sports-hibb-stock-rating-reaffirmed-by-robert-w-baird/1769964.html.
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.
Receive News & Ratings for Hibbett Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hibbett Sports and related companies with MarketBeat.com's FREE daily email newsletter.