Shoe Zone (SHOE) Price Target Raised to GBX 240
Shoe Zone (LON:SHOE) had its target price raised by FinnCap from GBX 230 ($3.01) to GBX 240 ($3.14) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports. They currently have a corporate rating on the stock.
Shares of SHOE opened at GBX 214 ($2.80) on Tuesday. The stock has a market cap of $106.90 million and a price-to-earnings ratio of 11.26. Shoe Zone has a 12 month low of GBX 85 ($1.11) and a 12 month high of GBX 249.60 ($3.26).
The business also recently announced a dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Thursday, July 18th will be issued a dividend of GBX 3.50 ($0.05) per share. This represents a yield of 1.66%. The ex-dividend date of this dividend is Thursday, July 18th. Shoe Zone’s payout ratio is presently 0.63%.
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