In a report released yesterday, Sam Poser from Susquehanna reiterated a Buy rating on Caleres Inc (CAL), with a price target of $20. The company’s shares closed last Monday at $15.24, close to its 52-week low of $14.30.
According to TipRanks.com, Poser is a 3-star analyst with an average return of 1.1% and a 45.5% 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 Moderate Buy analyst consensus rating for Caleres Inc with a $23 average price target.
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The company has a one-year high of $41.09 and a one-year low of $14.30. Currently, Caleres Inc has an average volume of 930.8K.
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Caleres, Inc. engages in the retail and wholesale of footwear. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family.
