Susquehanna analyst Sam Poser reiterated a Buy rating on Genesco Inc (GCO) today and set a price target of $48. The company’s shares closed last Monday at $36.14.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.4% and a 51.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
Currently, the analyst consensus on Genesco Inc is a Moderate Buy with an average price target of $42.67.
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The company has a one-year high of $50.73 and a one-year low of $31.65. Currently, Genesco Inc has an average volume of 303K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GCO in relation to earlier this year.
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Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Johnston & Murphy Group, Lids Sports Group, and Licensed Brands.
