After Wedbush and Pivotal Research gave Shoe Carnival (NASDAQ: SCVL) a Buy rating last month, the company received another Buy, this time from Susquehanna. Analyst Sam Poser reiterated a Buy rating on Shoe Carnival yesterday and set a price target of $32. The company’s shares closed last Monday at $25.91.
According to TipRanks.com, Poser is a 3-star analyst with an average return of 1.7% and a 47.0% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shoe Carnival with a $31.67 average price target, a 28.6% upside from current levels. In a report issued on August 21, Wedbush also maintained a Buy rating on the stock with a $32 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $45 and a one-year low of $21.47. Currently, Shoe Carnival has an average volume of 338.9K.
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.
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.
