Numis Securities Reaffirms “Buy” Rating for Shoe Zone (SHOE)
Separately, FinnCap raised Shoe Zone to a buy rating and set a GBX 170 ($2.31) price objective on the stock in a report on Tuesday, October 24th.
Shares of Shoe Zone (LON SHOE) traded down GBX 2.50 ($0.03) during midday trading on Wednesday, hitting GBX 158.50 ($2.15). The stock had a trading volume of 48,043 shares, compared to its average volume of 71,469. The firm has a market cap of $80.50 and a price-to-earnings ratio of 990.63. Shoe Zone has a fifty-two week low of GBX 145 ($1.97) and a fifty-two week high of GBX 208 ($2.82).
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About Shoe Zone
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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