B.Riley Financial analyst Eric Wold reiterated a Buy rating on American Outdoor Brands (AOUT – Research Report) today and set a price target of $11.00. The company’s shares closed yesterday at $8.22.
Wold covers the Services sector, focusing on stocks such as National Cinemedia, Marcus, and SeaWorld. According to TipRanks, Wold has an average return of -6.7% and a 35.26% success rate on recommended stocks.
American Outdoor Brands has an analyst consensus of Strong Buy, with a price target consensus of $12.00.
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The company has a one-year high of $24.91 and a one-year low of $7.10. Currently, American Outdoor Brands has an average volume of 116.4K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AOUT in relation to earlier this year.
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.
American Outdoor Brands Inc is engaged in the business of providing outdoor products and accessories for hunting, fishing, camping, shooting, and personal security and defense products. The company designs and produces products and accessories, including shooting supplies, rests, vaults, and other related accessories; premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; electro-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products.
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