Susquehanna issued a report on Foot Locker (NYSE:FL), hiking its stock price target to $80.00 earlier today
- Updated: September 17, 2016
Foot Locker (NYSE:FL) had its price target bumped up to $80 by Susquehanna in an issued report announced Monday August 22 2016. The increased target price implies a possible upside of 0.17% based on the bussiness’ last closing price.
Previously on 8/12/2016, Susquehanna released a statement on Foot Locker(NYSE:FL) upped the target price from $0.00 to $73.00 that suggested an upside of 0.21%.
Showing a price of $68.49, Foot Locker (NYSE:FL) traded 0.30% higher on the day. The last stock price close is up 9.80% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has recorded a 50-day average of $62.92 and 200-day moving average of $60.20. Volume of trade was was down over the average, with 1,741,166 shares of FL changing hands under the typical 2,162,820 shares.
Recent Performance Graph:
Foot Locker has a price-earnings of 16 with a one-year low of $50.90 and a one-year high of $77.25 and has a total market value of $0.0.
Also covering Foot Locker’s target price, a total of 23 brokerages have reported on the stock. The consensus target is $73.30 with 0 rating the company a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 firmsrating the stock as sell.
Brief Synopsis About Foot Locker (NYSE:FL)
Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company’s Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, SIX:02, Runners Point Group, including Runners Point and Sidestep. The Company’s Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., and its international e-commerce businesses, which sell to customers through their Internet and mobile sites and catalogs. The Direct-to-Customers segment operates the Websites for eastbay.com, final-score.com, eastbayteamsales.com, and sp24.com. It operates over 3, 383 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. The Company operates over 60 franchised stores that are located in the Middle East, Germany and Switzerland, and and Republic of Korea.
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