Cabelas Inc (CAB) : Zacks Investment Research ranks Cabelas Inc (CAB) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.5, which indicates as a Buy.
Cabelas Inc (CAB) : The consensus price target for Cabelas Inc (CAB) is $51.56 for the short term with a standard deviation of $7.21. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $59, however, the pessimist price target for the company is $36.
Cabelas Inc (NYSE:CAB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.62 and $50.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.29, notching a gain of 0.89% for the day. The total traded volume was 343,824 . The stock had closed at $50.84 on the previous day.
The company shares have rallied 1.27% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $53.79 and the one year low was seen on Oct 27, 2015. The 50-Day Moving Average price is $49.35 and the 200 Day Moving Average price is recorded at $47.40.
Cabelas Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company operates under the following segments: Retail, Direct, Financial Services, and Corporate Overhead and Other. The Retail Business segment enables customers to access and use its retail stores, Web and social media channels, and catalogs. The Direct Business segment sells products through its e-commerce Websites and direct mail catalogs. The Financial Services Business segment provides customers with a rewards program. The Companys products include merchandise and equipment for hunting, fishing, marine use, and camping along with casual and outdoor apparel and footwear, optics, wildlife and land management products and services, vehicle accessories, and gifts and home furnishings, among others.