Vista Outdoor (VSTO) Gets a Buy Rating from B.Riley Financial

In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Vista Outdoor (VSTOResearch Report), with a price target of $78.00. The company’s shares closed last Wednesday at $39.89.

According to TipRanks.com, Wold is a 5-star analyst with an average return of 25.0% and a 57.9% success rate. Wold covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Redbox Entertainment, and National Cinemedia.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vista Outdoor with a $62.50 average price target.

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Vista Outdoor’s market cap is currently $2.35B and has a P/E ratio of 6.15.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock.

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Vista Outdoor, Inc. engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports product lines include centerfire ammunition, rimfire ammunition, shotshell ammunition, reloading components and firearms. The Outdoor Products product lines include action sports, archery and hunting accessories, camping, global eyewear and sport protection products. The company was founded in 2014 and is headquartered in Anoka, MN.

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