In a report released today, Mitch Kummetz from Seaport Global maintained a Hold rating on Foot Locker (FL – Research Report). The company’s shares closed yesterday at $22.71.
According to TipRanks, Kummetz is a 5-star analyst with an average return of 21.1% and a 58.14% success rate. Kummetz covers the Consumer Cyclical sector, focusing on stocks such as Hibbett Sports, Crocs, and Foot Locker.
Currently, the analyst consensus on Foot Locker is a Hold with an average price target of $24.38, a 7.35% upside from current levels. In a report released on May 6, Morgan Stanley also maintained a Hold rating on the stock with a $20.00 price target.
FL market cap is currently $2.15B and has a P/E ratio of -6.47.
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Foot Locker (FL) Company Description:
Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands. The Direct-to-Customers segment includes Footlocker.com, Inc., Eastbay, Inc., and international electronic commerce businesses. The company was founded on April 7, 1989 and is headquartered in New York, NY.
