In a report released today, Abbie Zvejnieks from Piper Sandler reiterated a Buy rating on Foot Locker (FL – Research Report), with a price target of $37.00. The company’s shares closed yesterday at $34.10.
According to TipRanks, Zvejnieks is a 4-star analyst with an average return of 10.5% and a 60.00% success rate. Zvejnieks covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, Crocs, and Foot Locker.
Foot Locker has an analyst consensus of Hold, with a price target consensus of $26.62, representing a -21.94% downside. In a report released on February 7, Guggenheim also maintained a Buy rating on the stock with a $35.00 price target.
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The company has a one-year high of $44.94 and a one-year low of $14.56. Currently, Foot Locker has an average volume of 3.52M.
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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.
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