Caleres Inc (NYSE:CAL) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 23, 2016
Zacks Investment Research has upgraded Caleres Inc (NYSE:CAL) to Hold in a statement released on 09/23/2016.
Having a price of $25.57, Caleres Inc (NYSE:CAL) traded 0.99% higher on the day. With the last close up 0.75% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Caleres Inc has recorded a 50-day average of $25.13 and a two hundred day average of $25.38. Volume of trade was down over the average, with 221,138 shares of CAL changing hands under the typical 327,703
With a total market value of $0, Caleres Inc has price-earnings ratio of 13.53 with a one year low of $21.27 and a one year high of $32.13 .
A total of 8 analysts have released a research note on Caleres Inc. Two analysts rating the company a strong buy, five analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $34.38.
More About Caleres Inc (NYSE:CAL)
Caleres, Inc., formerly Brown Shoe Company, Inc., is a global footwear retailer and wholesaler. The Company is engaged in the operation of retail shoe stores and e-commerce Websites, as well as the design, sourcing and marketing of footwear for women and men. It operates through two segments: Famous Footwear, which includes its Famous Footwear stores and Famous.com, and Brand Portfolio, which offers retailers and consumers a portfolio of brands from its Healthy Living and Contemporary Fashion platforms. It operates approximately 1,210 retail shoe stores in the United States, Canada and Guam. It offers brands, including Nike, Skechers, Converse, Vans, adidas, Sperry, New Balance, Asics, Bearpaw and Sof Sole. It also offers Company-owned and licensed brands, including LifeStride, Dr. Scholl's, Naturalizer, Fergalicious and Carlos by Carlos Santana. Through its Brand Portfolio segment, it also designs, sources and markets footwear to retail stores domestically and internationally.
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