Finish Line (FINL) Given “Hold” Rating at Susquehanna Bancshares
Finish Line (NASDAQ:FINL)‘s stock had its “hold” rating reaffirmed by analysts at Susquehanna Bancshares in a report issued on Wednesday. They presently have a $12.00 price objective on the specialty retailer’s stock. Susquehanna Bancshares’ price objective would suggest a potential upside of 8.01% from the company’s previous close.
FINL has been the subject of several other research reports. Zacks Investment Research upgraded shares of Finish Line from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Jefferies Group set a $17.00 target price on shares of Finish Line and gave the company a “buy” rating in a report on Sunday, August 20th. Canaccord Genuity restated a “hold” rating and issued a $8.00 target price (down previously from $14.00) on shares of Finish Line in a report on Tuesday, August 29th. Wells Fargo & Company restated a “market perform” rating and issued a $12.00 target price (up previously from $9.00) on shares of Finish Line in a report on Monday, September 25th. Finally, Barclays restated an “equal weight” rating and issued a $15.00 target price (down previously from $18.00) on shares of Finish Line in a report on Tuesday, August 29th. Seven research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and one has given a buy rating to the company. Finish Line presently has a consensus rating of “Hold” and an average target price of $10.70.
Finish Line (NASDAQ:FINL) traded up $0.02 during midday trading on Wednesday, reaching $11.11. 1,339,900 shares of the company’s stock traded hands, compared to its average volume of 1,786,744. Finish Line has a 12 month low of $6.90 and a 12 month high of $23.96. The firm has a market cap of $449.81, a PE ratio of 18.18, a PEG ratio of 2.06 and a beta of 1.39.
Large investors have recently modified their holdings of the stock. J. Goldman & Company acquired a new stake in Finish Line during the 3rd quarter worth $22,912,000. Lombardia Capital Partners LLC purchased a new position in Finish Line during the 4th quarter worth $13,420,000. LSV Asset Management raised its position in Finish Line by 10.6% during the 1st quarter. LSV Asset Management now owns 2,044,159 shares of the specialty retailer’s stock worth $29,088,000 after buying an additional 195,891 shares during the last quarter. California Public Employees Retirement System raised its position in Finish Line by 3.6% during the 2nd quarter. California Public Employees Retirement System now owns 217,659 shares of the specialty retailer’s stock worth $3,084,000 after buying an additional 7,600 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Finish Line by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 904,350 shares of the specialty retailer’s stock worth $20,873,000 after buying an additional 78,321 shares during the last quarter. Hedge funds and other institutional investors own 99.96% of the company’s stock.
Finish Line Company Profile
The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.
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