Foot Locker Rating Reiterated by Susquehanna (FL)
Foot Locker (NYSE: FL)‘s stock had its “positive” rating reiterated by equities research analysts at Susquehanna in a research note issued to investors on Tuesday. They currently have a $41.00 price target on the stock.
A number of other analysts have also recently weighed in on FL. Analysts at Goldman Sachs reiterated a “buy” rating on shares of Foot Locker in a research note to investors on Thursday, February 21st. They now have a $39.00 price target on the stock. Separately, analysts at Northland Capital raised their price target on shares of Foot Locker from $41.00 to $42.00 in a research note to investors on Thursday, February 21st. They now have an “outperform” rating on the stock. Finally, analysts at Robert W. Baird initiated coverage on shares of Foot Locker in a research note to investors on Tuesday, February 5th. They set an “outperform” rating and a $45.00 price target on the stock.
Shares of Foot Locker opened at 34.49 on Tuesday. Foot Locker has a 52 week low of $27.86 and a 52 week high of $37.65. The stock’s 50-day moving average is currently $34.04. The company has a market cap of $5.198 billion and a P/E ratio of 14.19.
The company also recently declared a quarterly dividend, which is scheduled for Friday, May 3rd. Stockholders of record on Friday, April 19th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Wednesday, April 17th. This is a boost from Foot Locker’s previous quarterly dividend of $0.18.
Foot Locker, Inc. is a global retailer of athletic shoes and apparel, operating 3,369 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand as of January 28, 2012.
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