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Designer Brands Inc has a consensus price target of $6.5 based on the ratings of 3 analysts. The high is $8 issued by Deutsche Bank on December 6, 2023. The low is $5.5 issued by UBS on September 12, 2024. The 3 most-recent analyst ratings were released by UBS, Telsey Advisory Group, and Telsey Advisory Group on September 12, 2024, September 12, 2024, and September 11, 2024, respectively. With an average price target of $7.17 between UBS, Telsey Advisory Group, and Telsey Advisory Group, there's an implied 53.79% upside for Designer Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Designer Brands (NYSE:DBI) was reported by UBS on September 12, 2024. The analyst firm set a price target for $5.50 expecting DBI to rise to within 12 months (a possible 18.03% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Designer Brands (NYSE:DBI) was provided by UBS, and Designer Brands maintained their neutral rating.
There is no last upgrade for Designer Brands
There is no last downgrade for Designer Brands.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Designer Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Designer Brands was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Designer Brands (DBI) rating was a maintained with a price target of $9.00 to $5.50. The current price Designer Brands (DBI) is trading at is $4.66, which is out of the analyst’s predicted range.
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