On May 30, 2025, Loop Capital analyst Laura Champine reaffirmed a "Hold" rating for Caleres (CAL, Financial) while adjusting the price target to $14.00, down from the previous target of $16.00. This update indicates a 12.50% decrease from the prior price target as the analyst reviews current market conditions and company performance.
Despite the lowered price target, the "Hold" rating suggests that existing investors should maintain their current positions without any urgency to buy or sell shares of Caleres (CAL, Financial). The decision reflects Loop Capital's cautious outlook on the stock's short-term growth potential.
Caleres (CAL, Financial), traded on the NYSE, remains under careful observation from Loop Capital as analysts continue to assess economic conditions and their impact on the company's future prospects. The adjustment in price target reinforces the importance of staying informed about market trends and analyst insights.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Caleres Inc (CAL, Financial) is $20.00 with a high estimate of $23.00 and a low estimate of $16.00. The average target implies an upside of 49.48% from the current price of $13.38. More detailed estimate data can be found on the Caleres Inc (CAL) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Caleres Inc's (CAL, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Caleres Inc (CAL, Financial) in one year is $27.73, suggesting a upside of 107.25% from the current price of $13.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Caleres Inc (CAL) Summary page.
