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Williams Trading Keeps Their Buy Rating on Birkenstock Holding plc (BIRK)

Tipranks - Fri May 15, 9:00AM CDT

In a report released today, Sam Poser from Williams Trading maintained a Buy rating on Birkenstock Holding plc, with a price target of $46.00.

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Poser covers the Consumer Cyclical sector, focusing on stocks such as Crocs, Steven Madden, and Wolverine World Wide. According to TipRanks, Poser has an average return of 17.2% and a 51.84% success rate on recommended stocks.

In addition to Williams Trading, Birkenstock Holding plc also received a Buy from Telsey Advisory’s Dana Telsey in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Birkenstock Holding plc (NYSE: BIRK).

Based on Birkenstock Holding plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $401.9 million and a net profit of $50.56 million. In comparison, last year the company earned a revenue of $361.72 million and had a net profit of $20.12 million

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