UBS Remains a Hold on Crocs (CROX)


In a report released today, Jay Sole from UBS maintained a Hold rating on Crocs (CROX), with a price target of $48.00. The company’s shares closed last Monday at $52.64.

According to TipRanks.com, Sole is a 3-star analyst with an average return of 3.9% and a 51.9% success rate. Sole covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Columbia Sportswear, and Lululemon Athletica.

Crocs has an analyst consensus of Moderate Buy, with a price target consensus of $49.44.

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The company has a one-year high of $51.61 and a one-year low of $8.40. Currently, Crocs has an average volume of 1.28M.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock.

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Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, sale and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following segments: Americas, Asia Pacific and Europe, Middle East & Africa (EMEA). The Americas segment consists of the revenues and expenses related to product sales in North and South America. The Asia Pacific segment includes the revenues and expenses related to the product sales in Asia, Australia and New Zealand. The EMEA segment contains the revenues and expenses related to the product sales in Europe, Russia, Africa and the Middle East. The company was founded by Scott Seamans, George B. Boedecker, Jr. and Lyndon V. Hanson III in 2002 and is headquartered in Niwot, CO.

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