Brokerages Set The Duckhorn Portfolio, Inc. (NYSE:NAPA) Target Price at $10.01

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have been given an average recommendation of “Hold” by the seven research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $10.01.

Several research analysts have recently issued reports on the stock. Barclays raised their target price on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Jefferies Financial Group cut shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a research note on Friday, December 6th. Finally, Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and upped their target price for the company from $11.00 to $11.10 in a research report on Friday, October 11th.

Duckhorn Portfolio Stock Performance

Shares of NAPA opened at $11.09 on Friday. The stock’s fifty day simple moving average is $11.05 and its 200-day simple moving average is $8.81. The company has a quick ratio of 0.61, a current ratio of 3.73 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $1.63 billion, a PE ratio of 26.40, a price-to-earnings-growth ratio of 11.35 and a beta of 0.03. Duckhorn Portfolio has a 12-month low of $5.38 and a 12-month high of $11.11.

Institutional Trading of Duckhorn Portfolio

A number of large investors have recently made changes to their positions in NAPA. DekaBank Deutsche Girozentrale acquired a new stake in Duckhorn Portfolio during the 3rd quarter worth approximately $31,000. Barnett & Company Inc. acquired a new stake in shares of Duckhorn Portfolio during the third quarter worth $73,000. CTC Alternative Strategies Ltd. bought a new stake in Duckhorn Portfolio in the 3rd quarter valued at $74,000. Canada Pension Plan Investment Board bought a new stake in Duckhorn Portfolio in the 2nd quarter valued at $101,000. Finally, Intech Investment Management LLC acquired a new position in Duckhorn Portfolio in the 3rd quarter worth $86,000.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.