Columbia Sportswear (NASDAQ:COLM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Columbia Sportswear (NASDAQ:COLM – Get Rating) have earned an average rating of “Hold” from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $86.50.

COLM has been the subject of several analyst reports. Robert W. Baird lowered their price objective on Columbia Sportswear from $85.00 to $82.00 and set a “neutral” rating for the company in a research note on Thursday, July 28th. Citigroup lowered their price objective on Columbia Sportswear from $98.00 to $80.00 in a research note on Thursday, July 28th. Cowen increased their price target on Columbia Sportswear from $85.00 to $86.00 and gave the company an “outperform” rating in a research report on Tuesday, September 27th. UBS Group decreased their price target on Columbia Sportswear from $83.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, July 28th. Finally, Stifel Nicolaus decreased their price target on Columbia Sportswear from $100.00 to $81.00 in a research report on Wednesday, July 20th.

Insider Transactions at Columbia Sportswear

In related news, CFO Jim A. Swanson purchased 500 shares of the business’s stock in a transaction dated Monday, August 29th. The stock was purchased at an average…