Susquehanna Thinks Foot Locker Inc’s Stock is Going to Recover


Susquehanna analyst Sam Poser reiterated a Buy rating on Foot Locker Inc (FL) today and set a price target of $52. The company’s shares opened today at $42.46, close to its 52-week low of $39.06.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.2% and a 49.5% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Foot Locker Inc with a $65.07 average price target.

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Foot Locker Inc’s market cap is currently $4.73B and has a P/E ratio of 8.79. The company has a Price to Book ratio of 1.89.

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