Susquehanna analyst Sam Poser maintained a Hold rating on Caleres Inc (CAL) today and set a price target of $31. The company’s shares closed yesterday at $27.18, close to its 52-week low of $26.63.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.3% and a 53.7% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caleres Inc with a $35 average price target.
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Based on Caleres Inc’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $28.35 million. In comparison, last year the company had a net profit of $19.77 million.
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Caleres, Inc. engages in the retail and wholesale of footwear. It offers products for women and men through retail shoe stores and e-Commerce websites. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family.
