Brokerage Firm Rating Update on Outerwall (OUTR)

Outerwall (OUTR) has an average broker rating of 3, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Outerwall (OUTR) : Average target price received by Outerwall (OUTR) is $50.75 with an expected standard deviation of $7.09. The most aggressive target on the stock is $58, whereas the most downbeat target is $41. 4 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Roth Capital downgrades its ratings on Outerwall (NASDAQ:OUTR). According to the latest information available, the shares are now rated Sell by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on July 25, 2016.

Outerwall (NASDAQ:OUTR): The stock opened at $51.85 and touched an intraday high of $51.87 on Wednesday. During the day, the stock corrected to an intraday low of $51.83, however, the bulls stepped in and pushed the price higher to close in the green at $51.85 with a gain of 0.04% for the day. The total traded volume for the day was 663,268. The stock had closed at $51.83 in the previous trading session.

Outerwall Inc. is a provider of automated retail solutions. The Companys business segments include The Redbox, Coinstar and New Ventures. The Redbox segment is focused on the entertainment consumer sector, where consumers can rent or purchase movies and video games from self-service kiosks. The Coinstar business segment is focused on the money consumer sector and provides self-service kiosks where consumers can convert their coins to cash and convert coins and paper bills to stored value products. Its New Ventures segment identifies, evaluates, builds and develops self-service concepts in the automated retail space.

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