Foot Locker (FL) : 12 brokerage houses believe that Foot Locker (FL) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Foot Locker (FL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.
Foot Locker (FL) : The highest level Foot Locker (FL) is projected to reach is $83 for the short term and the lowest estimate is at $60. The consolidated price target from 16 rating analysts who initiate coverage on the stock is $73.44 and the possibility the share price can swing is $6.81.
Shares of Foot Locker, Inc. rose by 12.4% in the last five trading days and 15.55% for the last 4 weeks. Foot Locker, Inc. is up 27.08% in the last 3-month period. Year-to-Date the stock performance stands at 6.55%. Foot Locker (NYSE:FL): stock turned positive on Tuesday. Though the stock opened at $68.65, the bulls momentum made the stock top out at $68.96 level for the day. The stock recorded a low of $67.91 and closed the trading day at $68.44, in the green by 0.28%. The total traded volume for the day was 2,171,533. The stock had closed at $68.25 in the previous days trading.
Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.