Genesco Inc Receives a Hold from Susquehanna

Susquehanna analyst Sam Poser maintained a Hold rating on Genesco Inc (NYSE: GCO) today. The company’s shares closed yesterday at $45, close to its 52-week high of $45.90.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.1% and a 59.3% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Currently, the analyst consensus on Genesco Inc is Moderate Buy and the average price target is $43.83, representing a -2.6% downside.

In a report issued on May 29, C.L. King also downgraded the stock to Hold.

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The company has a one-year high of $45.90 and a one-year low of $20.90. Currently, Genesco Inc has an average volume of 282.3K.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock.

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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, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands.