Foot Locker with ticker code (FL) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 60 and 32 calculating the mean target price we have 40.17. Given that the stocks previous close was at 42.44 this now indicates there is a potential downside of -5.3%. The day 50 moving average is 37.86 and the 200 day moving average is 32.87. The company has a market capitalisation of $4,060m. Company Website: https://www.footlocker-inc.com
The potential market cap would be $3,843m 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.
