Foot Locker – Consensus Indicates Potential 38.7% Upside

Broker Ratings
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Foot Locker found using ticker (FL) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 80 and 42 calculating the average target price we see 58.5. Given that the stocks previous close was at 42.19 this would imply there is a potential upside of 38.7%. The 50 day moving average now sits at 43.3 while the 200 day moving average is 52.12. The company has a market capitalisation of $4,163m. You can visit the company’s website by visiting: https://www.footlocker-inc.com

The potential market cap would be $5,773m 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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