Genesco Stock Target Price and Analyst Consensus
GCO Stock | USD 34.62 1.71 5.20% |
The current analyst and expert consensus on Genesco is Hold, with no strong buy opinions. The current projected Genesco target price consensus is 34.00 with 2 analyst opinions. Check out Macroaxis Advice on Genesco to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.The most common way Genesco analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Genesco executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Genesco. We encourage you to use your own analysis of Genesco to validate this buy or sell advice. Genesco buy-or-sell recommendation module provides average expert sentiment on the projected Genesco target price to derive its highest and lowest estimates based on projected price volatility of 4.1008.
Lowest Forecast 30.94 | Highest Forecast 37.74 | Target Price 34 |
Genesco |
It's important to approach Genesco's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Genesco price targets
Genesco's stock target price is an estimate of its future price, usually made by analysts. Using Genesco's target price to determine if it is a suitable investment can be done through the following steps:- Look at Genesco's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Genesco's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Genesco Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Genesco is a key component of Genesco valuation and have some predictive power on the future returns of a Genesco.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genesco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Macroaxis Advice on Genesco to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.