Pivotal Research analyst Mitch Kummetz reiterated a Hold rating on Genesco Inc (GCO) today and set a price target of $50. The company’s shares opened today at $45.06.
According to TipRanks.com, Kummetz is a 4-star analyst with an average return of 4.9% and a 60.8% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Tilly’s Inc.
Currently, the analyst consensus on Genesco Inc is a Hold with an average price target of $48.67.
See today’s analyst top recommended stocks >>
Based on Genesco Inc’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $14.39 million. In comparison, last year the company had a net profit of $56.05 million.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands.
