After Susquehanna and Pivotal Research gave Foot Locker Inc (NYSE: FL) a Buy rating last month, the company received another Buy, this time from Buckingham. Analyst Scott Krasik maintained a Buy rating on Foot Locker Inc today and set a price target of $61. The company’s shares closed on Friday at $55.74, close to its 52-week high of $60.64.
Krasik has an average return of 29.2% when recommending Foot Locker Inc.
According to TipRanks.com, Krasik is ranked #1736 out of 4810 analysts.
Currently, the analyst consensus on Foot Locker Inc is Strong Buy and the average price target is $55.31, representing a -0.8% downside.
In a report issued on May 22, Pivotal Research also assigned a Buy rating to the stock with a $57 price target.
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Foot Locker Inc’s market cap is currently $6.68B and has a P/E ratio of 25.81. The company has a Price to Book ratio of 2.65.
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock.
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Foot Locker, Inc. engages in the global retail of athletically inspired shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers business segmens.
