FinnCap Cuts Shoe Zone PLC (SHOE) Price Target to GBX 170
Shoe Zone PLC (LON:SHOE) had its price objective dropped by research analysts at FinnCap from GBX 190 ($2.46) to GBX 170 ($2.20) in a report issued on Wednesday. The brokerage presently has a “hold” rating on the stock. FinnCap’s price target would indicate a potential downside of 5.82% from the stock’s current price.
Shares of Shoe Zone PLC (LON SHOE) traded down 3.73% during midday trading on Wednesday, hitting GBX 180.50. 77,621 shares of the stock were exchanged. Shoe Zone PLC has a 12-month low of GBX 133.00 and a 12-month high of GBX 212.00. The firm has a 50-day moving average price of GBX 185.47 and a 200-day moving average price of GBX 180.75. The company’s market cap is GBX 90.25 million.
The firm also recently declared a dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Thursday, July 20th will be given a GBX 3.40 ($0.04) dividend. The ex-dividend date is Thursday, July 20th. This represents a dividend yield of 1.88%.
Shoe Zone PLC Company Profile
Shoe Zone plc is a footwear retailer in the United Kingdom and the Republic of Ireland. The Company offers women’s shoes, men’s shoes, boy’s shoes and girl’s shoes. The Company’s online offering combined with its store network enables customers to shop through multiple channels. The Company operates from a portfolio of approximately 550 stores.
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