Zumiez Price Target Raised to $24.00 at Wedbush (ZUMZ)

Zumiez (NASDAQ: ZUMZ) had its price target upped by Wedbush from $23.00 to $24.00 in a research report released on Friday morning. Wedbush currently has a neutral rating on the stock.

A number of other analysts have also recently weighed in on ZUMZ. Analysts at Bank of America reiterated an underperform rating on shares of Zumiez in a research note to investors on Friday. They now have a $21.00 price target on the stock, up previously from $19.00. Separately, analysts at Janney Montgomery Scott cut their price target on shares of Zumiez from $23.00 to $22.00 in a research note to investors on Thursday, March 7th. They now have a neutral rating on the stock. Finally, analysts at CL King initiated coverage on shares of Zumiez in a research note to investors on Friday, February 15th. They set a neutral rating on the stock.

One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. Zumiez currently has an average rating of Hold and an average target price of $27.71.

Zumiez (NASDAQ: ZUMZ) traded down 2.82% on Friday, hitting $24.11. Zumiez has a 1-year low of $17.93 and a 1-year high of $41.96. The stock’s 50-day moving average is currently $22.82. The company has a market cap of $726.0 million and a price-to-earnings ratio of 18.38.

Zumiez Inc. (NASDAQ: ZUMZ) is a specialty retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name.

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