Numis Securities Boosts Shoe Zone (SHOE) Price Target to GBX 200

Shoe Zone (LON:SHOE) had its price target lifted by equities researchers at Numis Securities from GBX 190 ($2.58) to GBX 200 ($2.71) in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock. Numis Securities’ price objective indicates a potential upside of 19.90% from the company’s current price.

Separately, FinnCap reissued a “hold” rating and set a GBX 170 ($2.31) price target on shares of Shoe Zone in a research report on Monday, October 16th.

Shoe Zone (LON:SHOE) traded up GBX 0.80 ($0.01) during trading on Friday, reaching GBX 166.80 ($2.26). The firm has a market capitalization of $86.53 and a P/E ratio of 1,042.50. Shoe Zone has a 1-year low of GBX 145 ($1.97) and a 1-year high of GBX 208 ($2.82).

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Shoe Zone 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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