Caleres Inc (NYSE:CAL) stock price target increased to $37.00, issued a research note today by Zacks Investment Research
- Updated: November 28, 2016
Boasting a price of $33.06, Caleres Inc (NYSE:CAL) traded 0.03% higher on the day. With the last stock price close up 31.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Caleres Inc has recorded a 50-day average of $26.39 and a two hundred day average of $25.23. Volume of trade was up over the average, with 516,964 shares of CAL changing hands over the typical 336,998
In a statement issued on Monday November 28, 2016 Zacks Investment Research upped the target price of Caleres Inc (NYSE:CAL) to $37.00 indicating a possible upside of 0.12%.
With a total market value of $0, Caleres Inc has price-earnings ratio of 17.49 with a one year low of $21.27 and a one year high of $33.70 .
A total of 8 firms have reported on the stock. 2 brokerages rating the stock a strong buy, 5 brokerages rating the stock 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.
General Company Details For 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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