KeyBanc Keeps Their Hold Rating on Wolverine World Wide (WWW)

KeyBanc analyst Ashley Owens maintained a Hold rating on Wolverine World Wide (WWW – Research Report) today. The company’s shares closed yesterday at $12.74.

Owens covers the Consumer Cyclical sector, focusing on stocks such as Crocs, RealReal, and aka Brands Holding Corp. According to TipRanks, Owens has an average return of 0.5% and a 42.86% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Wolverine World Wide with a $11.00 average price target, representing a -13.66% downside. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $11.00 price target.

The company has a one-year high of $17.15 and a one-year low of $7.07. Currently, Wolverine World Wide has an average volume of 884.8K.

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Wolverine World Wide (WWW) Company Description:

Wolverine World Wide, Inc. engages in the design, manufacture and sale of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and Hytest safety footwear. The Wolverine Boston Group consists of Sperry footwear and apparel, Saucony footwear and apparel, Keds footwear and apparel, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids’ footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.