Foot Locker – Consensus Indicates Potential 34.2% Upside

Broker Ratings
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Foot Locker found using ticker (FL) have now 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 87 and 42 and has a mean target at 62.36. Given that the stocks previous close was at 46.47 this now indicates there is a potential upside of 34.2%. The 50 day moving average now sits at 45.55 while the 200 day moving average is 53.56. The market capitalisation for the company is $4,584m. Company Website: https://www.footlocker-inc.com

The potential market cap would be $6,151m 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, Footaction, Runners Point, and Sidestep brand names. As of January 30, 2021, it operated through 2,998 retail stores in 27 countries across the United States, Canada, Europe, Australia, New Zealand, and Asia; and 127 franchised Foot Locker stores located in the Middle East, as well as through various e-commerce sites and mobile apps. The company was founded in 1879 and is headquartered in New York, New York.

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