Shoe Zone PLC (SHOE) Stock Rating Upgraded by Numis Securities Ltd
Shoe Zone PLC (LON:SHOE) was upgraded by research analysts at Numis Securities Ltd to a “buy” rating in a research report issued to clients and investors on Tuesday. The firm presently has a GBX 190 ($2.51) price objective on the stock. Numis Securities Ltd’s price target suggests a potential upside of 22.58% from the stock’s current price.
Separately, FinnCap reaffirmed a “hold” rating and issued a GBX 170 ($2.24) price objective on shares of Shoe Zone PLC in a report on Monday, October 16th.
Shoe Zone PLC (LON SHOE) opened at 164.50 on Tuesday. The stock has a 50 day moving average of GBX 155.89 and a 200-day moving average of GBX 168.72. Shoe Zone PLC has a one year low of GBX 140.00 and a one year high of GBX 208.00. The stock’s market cap is GBX 81.92 million.
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About Shoe Zone PLC
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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