Yeti (YETI) Earns Buy Rating from Analysts at Bank of America

Bank of America initiated coverage on shares of Yeti (NYSE:YETI) in a research report released on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $22.00 price target on the stock.

A number of other research firms have also weighed in on YETI. Piper Jaffray Companies started coverage on shares of Yeti in a report on Monday. They set an overweight rating and a $23.00 price target for the company. Robert W. Baird started coverage on shares of Yeti in a report on Monday. They set an outperform rating and a $23.00 price target for the company. Stifel Nicolaus started coverage on shares of Yeti in a report on Monday. They set a buy rating and a $21.00 price target for the company. William Blair started coverage on shares of Yeti in a report on Monday. They set an outperform rating for the company. Finally, KeyCorp started coverage on shares of Yeti in a report on Monday. They set an overweight rating and a $22.00 price target for the company. Eleven equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of $21.89.

YETI opened at $17.57 on Monday. Yeti has a twelve month low of $14.62 and a twelve month high of $18.12.

In related news, major shareholder Ryan R. Seiders sold 1,092,409 shares of the firm’s stock in a transaction on Wednesday, October 24th. The shares were sold at an average price of $18.00, for a total transaction of $19,663,362.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Roy J. Seiders sold 378,313 shares of the firm’s stock in a transaction on Wednesday, October 24th. The shares were sold at an average price of $18.00, for a total transaction of $6,809,634.00. The disclosure for this sale can be found here.

About Yeti

There is no company description available for Yeti Holdings Inc

Recommended Story: What are retained earnings?

Analyst Recommendations for Yeti (NYSE:YETI)

Receive News & Ratings for Yeti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yeti and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply