Shares of Birkenstock Holding plc (NYSE:BIRK – Get Free Report) have earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, fourteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $68.31.
Several equities research analysts have commented on the company. Robert W. Baird boosted their price objective on Birkenstock from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. BTIG Research upped their price target on Birkenstock from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Telsey Advisory Group reissued an “outperform” rating and issued a $70.00 target price on shares of Birkenstock in a research report on Wednesday, January 22nd. BMO Capital Markets upped their target price on shares of Birkenstock from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Finally, UBS Group boosted their price objective on Birkenstock from $83.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th.
Check Out Our Latest Stock Report on BIRK
Institutional Investors Weigh In On Birkenstock
Birkenstock Stock Up 1.6 %
BIRK stock opened at $56.60 on Wednesday. The firm has a market cap of $10.63 billion, a PE ratio of 52.41, a P/E/G ratio of 1.18 and a beta of 1.61. Birkenstock has a one year low of $41.00 and a one year high of $64.78. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.20 and a current ratio of 2.60. The firm’s fifty day moving average is $56.86 and its 200 day moving average is $53.32.
About Birkenstock
Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally.
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