×
News Home

What is Wall Street's Target Price for Designer Brands Inc (DBI) Stock Thursday?

Thursday, November 18, 2021 10:18 AM | InvestorsObserver Analysts
What is Wall Street's Target Price for Designer Brands Inc (DBI) Stock Thursday?

Wall Street is neutral on Designer Brands Inc (DBI). On average, analysts give the stock a Buy rating. The average price target is $20, which means analysts expect the stock to gain by 22.85% over the next twelve months. That average ranking earns the stock an Analyst Rating of 12, which is better than 12% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.2
Wall Street analysts are rating DBI a Buy today. Find out what this means to you and get the rest of the rankings on DBI!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Designer Brands Inc Stock Today?

Designer Brands Inc (DBI) stock is trading at $16.28 as of 10:13 AM on Thursday, Nov 18, a rise of $0.16, or 0.99% from the previous closing price of $16.12. The stock has traded between $16.17 and $16.73 so far today. Volume today is low. So far 84,507 shares have traded compared to average volume of 997,030 shares. Click Here to get the full Stock Report for Designer Brands Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App