Foot Locker – Consensus Indicates Potential 2.8% Upside

Broker Ratings
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Foot Locker with ticker code (FL) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 47 and 29 with a mean TP of 37.89. Given that the stocks previous close was at 36.86 this indicates there is a potential upside of 2.8%. There is a 50 day moving average of 28.49 while the 200 day moving average is 35.62. The market capitalisation for the company is $3,473m. You can visit the company’s website by visiting: https://www.footlocker-inc.com

The potential market cap would be $3,570m based on the market concensus.

Foot Locker, through its subsidiaries, operates as an athletic footwear and apparel retailer. The company engages in the retail of athletic footwear, apparel, accessories, equipment, and team licensed merchandise under the Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep brand names. As of January 29, 2022, it operated 2,858 retail stores in 28 countries across the United States, Canada, Europe, Australia, New Zealand, and Asia; and 142 franchised Foot Locker stores located in the Middle East and Asia. The company also offers its products through various e-commerce sites and mobile apps. Foot Locker was founded in 1879 and is headquartered in New York, New York.

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