Foot Locker – Consensus Indicates Potential 44.1% Upside

Broker Ratings
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Foot Locker found using ticker (FL) now have 21 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 87 and 42 calculating the mean target price we have 62.52. With the stocks previous close at 43.38 this would indicate that there is a potential upside of 44.1%. The 50 day moving average now sits at 46.48 and the 200 day MA is 53.88. The company has a market capitalisation of $4,337m. You can visit the company’s website by visiting: https://www.footlocker-inc.com

The potential market cap would be $6,250m 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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