Shoe Zone PLC Can’t Be More Safe. Trades Significantly Higher

 Shoe Zone PLC Can't Be More Safe. Trades Significantly Higher

The stock of Shoe Zone PLC (LON:SHOE) is a huge mover today! The stock increased 1.98% or GBX 3.5 on November 24, hitting GBX 180. About 21,549 shares traded hands. Shoe Zone PLC (LON:SHOE) has declined 16.35% since April 26, 2016 and is downtrending. It has underperformed by 21.76% the S&P500.
The move comes after 8 months positive chart setup for the GBX 88.44 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 196.20 PT which if reached, will make LON:SHOE worth GBX 7.96 million more.

Shoe Zone PLC (LON:SHOE) Ratings Coverage

Out of 2 analysts covering Shoe Zone Plc (LON:SHOE), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Shoe Zone Plc has been the topic of 12 analyst reports since October 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by FinnCap given on Friday, April 8. FinnCap maintained the shares of SHOE in a report on Friday, November 4 with “Hold” rating. FinnCap maintained the stock with “Buy” rating in Wednesday, January 13 report. The stock of Shoe Zone PLC (LON:SHOE) has “Hold” rating given on Wednesday, August 10 by FinnCap. FinnCap downgraded Shoe Zone PLC (LON:SHOE) rating on Wednesday, June 8. FinnCap has “Hold” rating and GBX 223 price target. The stock of Shoe Zone PLC (LON:SHOE) has “Hold” rating given on Tuesday, June 21 by FinnCap. The stock of Shoe Zone PLC (LON:SHOE) earned “Buy” rating by FinnCap on Tuesday, October 27. On Tuesday, October 27 the stock rating was maintained by Numis Securities with “Add”. Numis Securities upgraded the stock to “Buy” rating in Tuesday, October 25 report. On Wednesday, January 13 the stock rating was upgraded by Numis Securities to “Buy”.

Another recent and important Shoe Zone PLC (LON:SHOE) news was published by Fool.Co.Uk which published an article titled: “Is Shoe Zone PLC A Contrarian Buy After 25%+ Fall?” on April 21, 2015.

Shoe Zone plc is a United Kingdom-based holding company. The company has a market cap of 88.44 million GBP. The Company’s principal activity includes as a footwear retailer in the United Kingdom and the Republic of Ireland. It has a 11.19 P/E ratio. The Company’s online offering combined with its store network enables clients to shop through multiple channels.

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