In a report released today, Mitch Kummetz from Pivotal Research reiterated a Buy rating on Shoe Carnival (SCVL), with a price target of $20.00. The company’s shares closed last Monday at $16.53, close to its 52-week low of $12.56.
According to TipRanks.com, Kummetz is a 1-star analyst with an average return of -4.9% and a 48.4% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker, Boot Barn, and Genesco.
Shoe Carnival has an analyst consensus of Moderate Buy, with a price target consensus of $19.00, which is a 13.0% upside from current levels. In a report issued on March 18, Susquehanna also reiterated a Buy rating on the stock with a $18.00 price target.
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The company has a one-year high of $40.00 and a one-year low of $12.56. Currently, Shoe Carnival has an average volume of 172.4K.
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Shoe Carnival, Inc. engages in the retail of footwear products. It offers casual and athletic footwear for men, women, and children under the Skechers, Clarks, Adidas, Crocs, New Balance, Converse, Roxy, Nike, Vans, Madden Girl, Sperry, Rampage, Keds, PUMA, Timberland, Koolaburra, Jellypop, and ASICS brands.
