Genesco Inc. – Consensus shows potential up 19.4%

Genesco Inc. with ticker code (GCO) now have 4 analysts covering the stock. The analyst consensus suggests a “Buy” rating. The range between the high target price and the low target price is between 75 and 64 and has a medium target price of 69. Since the previous closing price of the stock was 57.81, this would indicate a potential upside of 19.4%. There is a 50-day moving average of 59.57 and the 200-day moving average of 55.38. The company has a market capitalization of $ 891 million. Visit the company’s website at: http://www.genesco.com

Genesco Inc. is a retailer and wholesaler of shoes, apparel and accessories. The company operates in four segments: Journeys Group, Schuh Group, Johnston & Murphy Group and Licensed Brands. The Journeys Group segment offers shoes and accessories via the retail chains Journeys, Journeys Kidz and Little Burgundy as well as via e-commerce and catalogs for young men, women and children. The Schuh Group segment operates shoe-shoe stores that offer casual and sports shoes and sell shoes in e-commerce. The Johnston & Murphy Group segment operates in retail, e-commerce and catalog; and wholesale distribution of shoes, clothing and accessories mainly for men. The Licensed Brands segment markets Levi’s, Dockers and GH Bass shoes for men. As of January 30, 2021, the company operated approximately 1,460 retail stores in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland, primarily under the Journeys, Journeys Kidz, Schuh, Little Burgundy, and Johnston & Murphy names. Internet websites include Journeys.com, Journeyskidz.com, Journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, littleburgundyshoes.com and johnstonmurphy.ca. Genesco Inc. was founded in 1924 and is headquartered in Nashville, Tennessee.

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