Susquehanna analyst Sam Poser reiterated a Sell rating on Crocs (NASDAQ: CROX) today and set a price target of $12. The company’s shares closed yesterday at $18.11, close to its 52-week high of $19.54.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 8.7% and a 58.5% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
The word on The Street in general, suggests a Hold analyst consensus rating for Crocs with a $17.40 average price target.
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The company has a one-year high of $19.54 and a one-year low of $7.71. Currently, Crocs has an average volume of 976.6K.
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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. The company was founded by Scott Seamans, George B. Boedecker, Jr. and Lyndon V. Hanson III in 2002 and is headquartered in Niwot, CO.
