The latest price target for Shoe Carnival (NASDAQ:SCVL) was reported by Williams Trading on March 22, 2024. The analyst firm set a price target for $40.00 expecting SCVL to fall to within 12 months (a possible -1.96% downside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for Shoe Carnival (NASDAQ:SCVL) was provided by Williams Trading, and Shoe Carnival upgraded their buy rating.

The last upgrade for Shoe Carnival Inc happened on March 22, 2024 when Williams Trading raised their price target to $40. Williams Trading previously had a hold for Shoe Carnival Inc.

The last downgrade for Shoe Carnival Inc happened on March 19, 2024 when Monness, Crespi, Hardt changed their price target from N/A to N/A for Shoe Carnival Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shoe Carnival, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shoe Carnival was filed on March 22, 2024 so you should expect the next rating to be made available sometime around March 22, 2025.

While ratings are subjective and will change, the latest Shoe Carnival (SCVL) rating was a upgraded with a price target of $0.00 to $40.00. The current price Shoe Carnival (SCVL) is trading at is $40.80, which is out of the analyst’s predicted range.