Susquehanna analyst Sam Poser maintained a Buy rating on Wolverine World Wide (WWW) yesterday and set a price target of $43. The company’s shares closed yesterday at $35.33.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 6.9% and a 55.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Deckers Outdoor.
Currently, the analyst consensus on Wolverine World Wide is a Strong Buy with an average price target of $40.50, a 14.6% upside from current levels. In a report issued on February 19, Robert W. Baird also reiterated a Buy rating on the stock with a $40 price target.
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The company has a one-year high of $39.77 and a one-year low of $27.93. Currently, Wolverine World Wide has an average volume of 675K.
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Wolverine World Wide, Inc. engages in the designing, manufacturing, licensing and marketing of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. It operates through the following segments: Wolverine Outdoor & Lifestyle Group; Wolverine Boston Group; Wolverine Heritage Group; and Wolverine Multi-Brand Group. The Wolverine Outdoor & Lifestyle Group segment brands include Merrell, Cat, Hush Puppies, and Chaco. The Wolverine Boston Group segment brands include Sperry, Saucony, and Keds. The Wolverine Heritage Group segment brands include Wolverine, Bates, Harley-Davidson, and HyTest. The Wolverine Multi-Brand Group segment brands include Stride Rite and its multi-brand consumer-direct businesses. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.
