Foot Locker (FL) Stock Forecast & Price Target

$29.71

+2.78 (+10.32%)

(As of 12/1/2023 ET)

Today's Range: $27.03
▼
$29.72
50-Day Range: $16.85
▼
$29.71
52-Week Range: $14.84
▼
$47.22

Volume: 6.12 million shs
Average Volume: 4.84 million shs
Market Capitalization: $2.80 billion

P/E Ratio: 35.80
Dividend Yield: 5.39%
Price Target: $25.32

Foot Locker Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 20 Analyst Ratings

Analysts' Consensus Price Target

$25.32
-14.79% Downside

High Forecast	$62.00
Average Forecast	$25.32
Low Forecast	$11.00

Type	Current Forecast 12/2/22 to 12/2/23	1 Month Ago 11/2/22 to 11/2/23	3 Months Ago 9/3/22 to 9/3/23	1 Year Ago 12/2/21 to 12/2/22
Consensus Rating	Reduce	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	1 Buy rating(s)
Hold	11 Hold rating(s)	12 Hold rating(s)	12 Hold rating(s)	19 Hold rating(s)
Sell	5 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$25.32	$26.75	$27.83	$38.00
Predicted Upside	-14.79% Downside	15.38% Upside	15.49% Upside	6.26% Upside

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FL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Foot Locker Stock vs. The Competition

Type	Foot Locker	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	1.95	2.45	2.49
Consensus Rating	Reduce	Hold	Hold
Predicted Upside	-14.79% Downside	192.83% Upside	2,853.20% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/30/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$20.00 ➝ $26.00	-4.27%
11/30/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$18.00 ➝ $20.00	-27.33%
11/30/2023	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$22.00 ➝ $31.00	+12.03%
11/27/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell	$18.00	-22.81%
11/22/2023	Williams Trading Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Sell	$15.00	-34.41%
11/21/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
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11/7/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Inline	$23.00	+3.65%
10/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$20.00 ➝ $17.00	-17.11%
9/26/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$19.00	+8.88%
9/25/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$28.00 ➝ $18.00	+1.35%
8/24/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$22.00 ➝ $11.00	-38.51%
8/24/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $23.00	+39.99%
8/24/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$29.00 ➝ $18.00	+7.85%
8/24/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$25.00 ➝ $17.00	+1.86%
8/24/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$31.00 ➝ $17.00	+1.86%
5/22/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$42.00 ➝ $28.00	-2.61%
3/21/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$39.00 ➝ $43.00	+1.11%
3/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$62.00	+55.54%
3/21/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral
3/14/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Kummetz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral

(Data available from 12/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

FL Price Target - Frequently Asked Questions

What is Foot Locker's consensus rating and price target?: According to the issued ratings of 20 analysts in the last year, the consensus rating for Foot Locker stock is Reduce based on the current 5 sell ratings, 11 hold ratings and 4 buy ratings for FL. The average twelve-month price prediction for Foot Locker is $25.32 with a high price target of $62.00 and a low price target of $11.00. Learn more on FL's analyst rating history.
Do Wall Street analysts like Foot Locker more than its competitors?: Analysts like Foot Locker less than other Retail/Wholesale companies. The consensus rating for Foot Locker is Reduce while the average consensus rating for retail/wholesale companies is Hold. Learn more on how FL compares to other companies.
Is Foot Locker being downgraded by Wall Street analysts?: Over the previous 90 days, Foot Locker's stock had 5 downgrades by analysts.

Does Foot Locker's stock price have much upside?: According to analysts, Foot Locker's stock has a predicted upside of 3.81% based on their 12-month stock forecasts.
What analysts cover Foot Locker?: Foot Locker has been rated by BTIG Research, Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Telsey Advisory Group, The Goldman Sachs Group, and Williams Trading in the past 90 days.

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This page (NYSE:FL) was last updated on 12/2/2023 by MarketBeat.com Staff

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