Genesco with ticker code (GCO) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 79 and 67 and has a mean target at 73.33. Now with the previous closing price of 61.82 this would imply there is a potential upside of 18.6%. The 50 day moving average now sits at 63.82 while the 200 day moving average is 61.67. The market cap for the company is $918m. You can visit the company’s website by visiting: https://www.genesco.com
The potential market cap would be $1,089m based on the market concensus.
Genesco operates as a retailer and wholesaler of footwear, apparel, and accessories. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children. The Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear, as well as sells footwear through e-commerce. The Johnston & Murphy Group segment is involved in the retail, e-commerce, and catalog operations; and wholesale distribution of footwear, apparel, and accessories primarily for men. The Licensed Brands segment markets footwear under the Levi’s, Dockers, and G.H. Bass brands 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. Its Internet Websites include journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, littleburgundyshoes.com, and johnstonmurphy.ca. Genesco was incorporated in 1924 and is headquartered in Nashville, Tennessee.
