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CL King upgraded DSW Inc (NYSE:DSW) from Neutral to Buy in a statement released earlier today.

CL King has upgraded DSW Inc (NYSE:DSW) from Neutral to Buy in a report released on 05/24/2017.

Just yesterday DSW Inc (NYSE:DSW) traded -5.38% lower at $16.56. DSW Inc’s 50-day average is $20.40 and its two hundred day average is $18.74. With the last stock price down -3.31% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the date range. Volume of trade was down over the average, with 1,701,872 shares of DSW changing hands under the typical 2,297,760

See Chart Below

DSW Inc (NYSE:DSW)

With a total market value of $0, DSW Inc has PE ratio of 12.14 with a one year low of $15.14 and a one year high of $25.96 .

A total of 14 analysts have released a report on DSW Inc. 3 firms rating the stock a strong buy, 2 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 2 brokers rating the stock a underperform, and finally one analyst rating the company a sell with a 12-month price target of $28.43.

Brief Synopsis About DSW Inc (NYSE:DSW)

DSW Inc. is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment. As of January 28, 2017, the Company operated 501 DSW stores, dsw.com and shoe departments in 288 Stein Mart stores and Steinmart.com, 106 Gordmans stores and Gordmans.com, and one Frugal Fannie's store. DSW separates its merchandise into three primary categories: women's footwear; men's footwear, and accessories and other (which includes kids' footwear). Other primarily includes Ebuys and its investment in Town Shoes. The ABG segment partners with three other retailers to help build and optimize their in-store and online footwear businesses.

The post CL King Upgraded Dsw Inc (NYSE:DSW) from Neutral to Buy in a Statement Released Earlier today. appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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CL King upgraded DSW Inc (NYSE:DSW) from Neutral to Buy in a statement released earlier today.

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