Foot Locker – Consensus Indicates Potential 9.7% Upside

Broker Ratings
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Foot Locker with ticker code (FL) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 61 and 23 and has a mean target at 32.65. Given that the stocks previous close was at 29.77 this would indicate that there is a potential upside of 9.7%. The day 50 moving average is 30.77 and the 200 day MA is 44.47. The market cap for the company is $2,851m. You can visit the company’s website by visiting: https://www.footlocker-inc.com

The potential market cap would be $3,127m 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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