Duckhorn Portfolio (NYSE:NAPA) PT Lowered to $6.00 at Barclays

Duckhorn Portfolio (NYSE:NAPA) had its target price cut by stock analysts at Barclays from $8.00 to $6.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s target price would indicate a potential upside of 11.11% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets decreased their target price on Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating for the company in a research report on Friday, June 7th. Citigroup decreased their target price on Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Duckhorn Portfolio has an average rating of “Hold” and a consensus target price of $9.57.

Duckhorn Portfolio Stock Down 0.6 %

Shares of Duckhorn Portfolio stock opened at $5.40 on Friday. The stock has a market capitalization of $794.08 million, a P/E ratio of 10.00, a PEG ratio of 4.86 and a beta of 0.21. The company has a quick ratio of 1.04, a current ratio of 8.09 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average price of $6.25 and a two-hundred day moving average price of $7.37. Duckhorn Portfolio has a 12-month low of $5.38 and a 12-month high of $11.08.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Duckhorn Portfolio by 3.7% in the first quarter. Vanguard Group Inc. now owns 5,274,221 shares of the company’s stock valued at $49,103,000 after purchasing an additional 190,083 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Duckhorn Portfolio by 2.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,831,391 shares of the company’s stock valued at $27,203,000 after purchasing an additional 98,038 shares in the last quarter. Westwood Holdings Group Inc. raised its stake in shares of Duckhorn Portfolio by 4.0% in the second quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company’s stock valued at $26,009,000 after purchasing an additional 140,113 shares in the last quarter. Kennedy Capital Management LLC raised its stake in shares of Duckhorn Portfolio by 41.2% in the first quarter. Kennedy Capital Management LLC now owns 457,681 shares of the company’s stock valued at $4,261,000 after purchasing an additional 133,579 shares in the last quarter. Finally, Chilton Investment Co. Inc. raised its stake in shares of Duckhorn Portfolio by 34.7% in the fourth quarter. Chilton Investment Co. Inc. now owns 412,041 shares of the company’s stock valued at $4,059,000 after purchasing an additional 106,184 shares in the last quarter.

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.