Crocs Gets a Hold Rating from Pivotal Research


In a report released today, Mitch Kummetz from Pivotal Research maintained a Hold rating on Crocs (NASDAQ: CROX), with a price target of $15. The company’s shares opened today at $16.21, close to its 52-week high of $17.44.

According to TipRanks.com, Kummetz is a 1-star analyst with an average return of -3.0% and a 46.9% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.

Crocs has an analyst consensus of Hold, with a price target consensus of $14.25.

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The company has a one-year high of $17.44 and a one-year low of $5.97. Currently, Crocs has an average volume of 1.08M.

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Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following geographical segments: Americas, Asia Pacific, and Europe.

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