Susquehanna Upgrades Crocs (CROX) to Hold


Crocs (CROX) received a Hold rating and a $25 price target from Susquehanna analyst Sam Poser today. The company’s shares closed on Friday at $25.37, close to its 52-week high of $28.20.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.0% and a 53.6% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Crocs has an analyst consensus of Moderate Buy, with a price target consensus of $26.50, representing a 4.5% upside. In a report issued on November 8, Stifel Nicolaus also maintained a Hold rating on the stock with a $26 price target.

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Crocs’ market cap is currently $1.72B and has a P/E ratio of 154.41. The company has a Price to Book ratio of 8.70.

Based on the recent corporate insider activity of 22 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.

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.

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