Pivotal Research analyst Mitch Kummetz reiterated a Buy rating on Foot Locker Inc (FL) today and set a price target of $66. The company’s shares closed yesterday at $55.35.
According to TipRanks.com, Kummetz is a 4-star analyst with an average return of 4.4% and a 57.4% success rate. Kummetz covers the Services sector, focusing on stocks such as Shoe Carnival, Genesco Inc, and Tilly’s Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Foot Locker Inc with a $71.64 average price target, which is a 29.4% upside from current levels. In a report issued on May 8, Guggenheim also reiterated a Buy rating on the stock with a $75 price target.
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The company has a one-year high of $68 and a one-year low of $43.84. Currently, Foot Locker Inc has an average volume of 2.95M.
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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.
