Susquehanna analyst Sam Poser maintained a Hold rating on Genesco Inc (GCO) today and set a price target of $48. The company’s shares opened today at $42.25.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 4.8% and a 52.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
Currently, the analyst consensus on Genesco Inc is a Moderate Buy with an average price target of $47, an 11.2% upside from current levels. In a report issued on November 30, Piper Jaffray also maintained a Hold rating on the stock with a $41 price target.
.
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 GAAP net loss of $165 million.
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.
