Wedbush Just Issued “Neutral” Rating on American Outdoor Brands (AOBC)

American Outdoor Brands (AOBC) was Reiterated by Wedbush to “Neutral” while Lowering the Price Target of the company shares to $ 21 from a previous price target of $25 . Wedbush advised their Clients and Investors in a research report released on Mar 3, 2017.

Based on several research reports , Shares were Reiterated by Wedbush on Mar 3, 2017 to “Neutral” and Lowered the Price Target to $ 21 from a previous price target of $25 .Shares were Reiterated by Wedbush on Mar 3, 2017 to “Neutral” and Lowered the Price Target to $ 21 from a previous price target of $25 .Jefferies Initiated American Outdoor Brands on Feb 28, 2017 to “Hold”, Price Target of the shares are set at $22.American Outdoor Brands was Reiterated by Wedbush to “Neutral” on Jan 18, 2017.

On the company’s financial health, American Outdoor Brands reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Mar 2, 2017. Analyst had a consensus of $0.55. The company had revenue of $233.50 million for the quarter, compared to analysts expectations of $235.06 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

American Outdoor Brands

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