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Shares of Foot Locker (NYSE:FL) have received a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, Analyst Ratings Network.com reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $51.33.

A number of research firms have recently commented on FL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Foot Locker in a research note on Wednesday. They now have a $55.00 price target on the stock, up previously from $53.00. Separately, analysts at Buckingham Research initiated coverage on shares of Foot Locker in a research note on Wednesday, June 25th. They set a “buy” rating and a $58.00 price target on the stock. Finally, analysts at Sterne Agee raised their price target on shares of Foot Locker from $55.00 to $60.00 in a research note on Thursday, June 12th. They now have a “buy” rating on the stock.

Foot Locker (NYSE:FL) traded up 0.51% on Thursday, hitting $52.70. 510,747 shares of the company’s stock traded hands. Foot Locker has a 52 week low of $31.91 and a 52 week high of $52.69. The stock has a 50-day moving average of $49.55 and a 200-day moving average of $46.75. The company has a market cap of $7.626 billion and a P/E ratio of 17.24.

Foot Locker (NYSE:FL) last announced its earnings results on Friday, May 23rd. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.06 by $0.05. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the company posted $0.91 earnings per share. Foot Locker’s revenue was up 14.0% compared to the same quarter last year. Analysts expect that Foot Locker will post $3.30 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, October 31st. Shareholders of record on Friday, October 17th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, October 15th.

Foot Locker, Inc is a global retailer of shoes and apparel, operating 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand as of February 1, 2014.

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