Short Term Rating on Foot Locker (FL)

Foot Locker (FL) : 19 analysts are covering Foot Locker (FL) and their average rating on the stock is 1.53, which is read as a Buy. 14 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Foot Locker (FL) : Currently there are 17 street experts covering Foot Locker (FL) stock. The most bullish and bearish price target for the stock is $83 and $60 respectively for the short term. The average price target of all the analysts comes to $71.88. The estimated standard deviation from the target is $6.68.

For the current week, the company shares have a recommendation consensus of Buy.


Foot Locker (NYSE:FL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.11 and $57.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $58.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.37, notching a gain of 0.45% for the day. The total traded volume was 2,201,930 . The stock had closed at $58.11 on the previous day.

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, 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.

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