Solo Brands (NYSE:DTC – Get Rating) had its price target hoisted by Credit Suisse Group from $9.00 to $10.00 in a research report report published on Friday morning, Benzinga reports. Credit Suisse Group currently has an outperform rating on the stock.
Other research analysts also recently issued research reports about the company. Piper Sandler upped their price objective on Solo Brands from $7.00 to $9.00 in a report on Friday. Canaccord Genuity Group began coverage on shares of Solo Brands in a research report on Thursday, November 17th. They set a buy rating and a $7.00 target price for the company. Finally, Canaccord Genuity Group initiated coverage on shares of Solo Brands in a research report on Wednesday, November 16th. They issued a buy rating and a $7.00 price objective for the company.
Solo Brands Trading Up 13.5 %
Shares of DTC opened at $6.23 on Friday. The company has a quick ratio of 0.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average price is $4.27 and its 200 day moving average price is $4.20. The firm has a market capitalization of $596.21 million, a price-to-earnings ratio of -89.00, a P/E/G ratio of 1.38 and a beta of 1.91. Solo Brands has a 12-month low of $3.39 and a 12-month high of $10.74.
Institutional Inflows and Outflows
About Solo Brands
Solo Brands, Inc operates a direct-to-consumer platform that offers outdoor lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; grills, cook tops, and tools; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories.
- Get a free copy of the StockNews.com research report on Solo Brands (DTC)
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