The Duckhorn Portfolio, Inc. (NYSE:NAPA) Given Average Recommendation of “Hold” by Brokerages

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have received a consensus recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $10.01.

NAPA has been the topic of several recent analyst reports. Jefferies Financial Group lowered Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research note on Friday, December 6th. Royal Bank of Canada lowered shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from $11.00 to $11.10 in a research note on Friday, October 11th. Finally, Barclays upped their price objective on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th.

Duckhorn Portfolio Stock Performance

NYSE:NAPA opened at $11.09 on Friday. The company’s 50-day moving average is $11.05 and its two-hundred day moving average is $8.74. Duckhorn Portfolio has a 1-year low of $5.38 and a 1-year high of $11.11. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.73 and a quick ratio of 0.61. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 11.35 and a beta of 0.03.

Hedge Funds Weigh In On Duckhorn Portfolio

Several institutional investors have recently modified their holdings of the business. DekaBank Deutsche Girozentrale acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at $31,000. Barnett & Company Inc. acquired a new stake in Duckhorn Portfolio in the 3rd quarter valued at about $73,000. CTC Alternative Strategies Ltd. purchased a new position in shares of Duckhorn Portfolio in the 3rd quarter valued at about $74,000. Canada Pension Plan Investment Board acquired a new position in shares of Duckhorn Portfolio during the second quarter worth about $101,000. Finally, Intech Investment Management LLC purchased a new stake in shares of Duckhorn Portfolio during the third quarter worth approximately $86,000.

About Duckhorn Portfolio

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.