Susquehanna Sticks to Their Hold Rating for Shoe Carnival

By Austin Angelo

Susquehanna analyst Sam Poser maintained a Hold rating on Shoe Carnival (NASDAQ: SCVL) yesterday and set a price target of $18. The company’s shares closed yesterday at $16.25, close to its 52-week high of $31.79.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.4% and a 55.6% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Shoe Carnival has an analyst consensus of Moderate Buy, with a price target consensus of $20.

Shoe Carnival’s market cap is currently $284M and has a P/E ratio of 13.66. The company has a book value ratio of 0.9261.

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Shoe Carnival, Inc. operates as a footwear retailer. The company offers dress, casual and athletic footwear for men, women and children with emphasis on national and regional name brands. It also provides accessories, such as handbags, sport bags, slippers, cold weather, shoe care items and socks.