Liberum Capital Initiates Coverage on Footasylum (FOOT)

Stock analysts at Liberum Capital assumed coverage on shares of Footasylum (LON:FOOT) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating and a GBX 280 ($3.80) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 15.11% from the company’s previous close.

Shares of Footasylum (LON:FOOT) traded down GBX 0.25 ($0.00) during mid-day trading on Wednesday, reaching GBX 243.25 ($3.30). The company had a trading volume of 33,540 shares, compared to its average volume of 62,709. The stock has a market cap of $244.59 and a PE ratio of 4,054.17. Footasylum has a 52 week low of GBX 187.50 ($2.54) and a 52 week high of GBX 273 ($3.70).

In other Footasylum news, insider Brendan Hynes acquired 15,000 shares of the company’s stock in a transaction on Monday, November 6th. The stock was acquired at an average price of GBX 205 ($2.78) per share, for a total transaction of £30,750 ($41,700.57). Also, insider Stephen Robertson acquired 11,933 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was acquired at an average price of GBX 210 ($2.85) per share, with a total value of £25,059.30 ($33,983.32).

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Footasylum Company Profile

Footasylum plc is a United Kingdom-based lifestyle fashion retail company. The Company is focused on bringing to market footwear and apparel collections predominantly aimed at 16 to 24 year old fashion-conscious customers. The Company provides a broad range of footwear, apparel and accessories for men, women and children.

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