In a report released yesterday, Telsey Advisory Group from Telsey Advisory maintained a Hold rating on Foot Locker (FL – Research Report), with a price target of $64.00. The company’s shares closed last Tuesday at $56.28.
The word on The Street in general, suggests a Hold analyst consensus rating for Foot Locker with a $66.69 average price target, implying a 20.4% upside from current levels. In a report issued on November 10, Deutsche Bank also maintained a Hold rating on the stock with a $75.00 price target.
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Foot Locker’s market cap is currently $5.84B and has a P/E ratio of 5.70. The company has a Price to Book ratio of 1.82.
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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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