Short Term Rating on Wolverine World Wide (WWW)

Wolverine World Wide (WWW) : Zacks Investment Research ranks Wolverine World Wide (WWW) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.64, which indicates as a Hold.

Wolverine World Wide (WWW) : Currently there are 10 street experts covering Wolverine World Wide (WWW) stock. The most bullish and bearish price target for the stock is $25 and $15 respectively for the short term. The average price target of all the analysts comes to $19.8. The estimated standard deviation from the target is $2.66.

Company shares have received an average consensus rating of Hold for the current week


Wolverine World Wide (NYSE:WWW): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.56 and $22.42 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.05, notching a gain of 2.90% for the day. The total traded volume was 1,175,291 . The stock had closed at $22.40 on the previous day.

Wolverine World Wide, Inc. is a designer, manufacturer and marketer of casual footwear and apparel, outdoor and athletic footwear and apparel, childrens footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry Top-Sider footwear and apparel, Stride Rite footwear and apparel, Hush Puppies footwear and apparel, Keds footwear and apparel, and Soft Style footwear; Performance Group, consisting of Merrell footwear and apparel, Saucony footwear and apparel, Chaco footwear, and Cushe footwear, and Heritage Group, consisting of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Sebago footwear and apparel, Harley-Davidson footwear, and HyTest safety footwear. The Other category consists of the Companys multi-brand consumer-direct business, leather marketing operations, and sourcing operations that include third-party commission revenues.

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