DAVIDsTEA (NASDAQ:DTEA) Market Perform Rating Kept Today By BMO Capital; The Price Target Given is $3.5

June 12, 2018 - By Hazel Jackson

DAVIDsTEA Inc. (NASDAQ:DTEA) Logo

DAVIDsTEA (NASDAQ:DTEA) Rating Reaffirmed

Analysts at BMO Capital now has a $3.5 target price on DAVIDsTEA (NASDAQ:DTEA). BMO Capital and their recent target price means a potential downside of -1.41 % from the company’s last price. The rating has been disclosed in a note on 12 June.

The stock decreased 8.97% or $0.35 during the last trading session, reaching $3.55. About 30,449 shares traded or 169.99% up from the average. DAVIDsTEA Inc. (NASDAQ:DTEA) has declined 41.50% since June 12, 2017 and is downtrending. It has underperformed by 54.07% the S&P500.

DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company has market cap of $91.99 million. The firm offers approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages. It currently has negative earnings. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories.

More notable recent DAVIDsTEA Inc. (NASDAQ:DTEA) news were published by: Globenewswire.com which released: “DAVIDsTEA Inc. Announces First Quarter Fiscal 2018 Earnings Conference Call” on June 06, 2018, also Nasdaq.com with their article: “DAVIDsTEA Shareholder TDM Asset Management Outlines Frustrations Re: Herschel Segal in Letter to Dissident …” published on June 07, 2018, Benzinga.com published: “Earnings Scheduled For June 11, 2018” on June 11, 2018. More interesting news about DAVIDsTEA Inc. (NASDAQ:DTEA) were released by: Nasdaq.com and their article: “DAVIDsTEA Urges Shareholders to Vote the YELLOW Proxy Before Today’s 5 PM Cut Off” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Rainy Day Investments Asks: Why the Delay in DAVIDsTEA’s Q1 Results?” with publication date: June 06, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: