Foot Locker (NYSE:FL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.53 by 19 Brokerage Firm. 14 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Deutsche Bank maintains its rating on Foot Locker (NYSE:FL). As per the latest information, the brokerage house lowers the price target to $79 per share from a prior target of $80. The shares have been rated Buy. The rating by the firm was issued on May 16, 2016.
Foot Locker (NYSE:FL): The mean short term price target for Foot Locker (NYSE:FL) has been established at $72.47 per share. The higher price target estimate is at $83 and the lower price target estimate is expected at $60 according to 17 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $6.94
Foot Locker (NYSE:FL) rose 0.45% or 0.24 points on Tuesday and made its way into the gainers of the day. After trading began at $53.89 the stock was seen hitting $54.31 as a peak level and $53.54 as the lowest level. The stock ended up at $53.96. The daily volume was measured at 1,438,488 shares. The 52-week high of the share price is $77.25 and the 52-week low is $52.6986. The company has a market cap of $7,301 million.
Foot Locker, Inc. has lost 1.24% in the last five trading days and dropped 1.48% in the last 4 weeks. Foot Locker, Inc. has dropped 18.1% during the last 3-month period . Year-to-Date the stock performance stands at -16.39%.
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.