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Foot Locker (NYSE:FL) shares reached a new 52-week high during mid-day trading on Tuesday , Analyst Ratings News reports. The stock traded as high as $57.19 and last traded at $56.84, with a volume of 1,227,806 shares. The stock had previously closed at $56.11.

A number of analysts have recently weighed in on FL shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Foot Locker in a research note on Tuesday, August 26th. They now have a $62.00 price target on the stock, up previously from $56.00. Separately, analysts at Telsey Advisory Group raised their price target on shares of Foot Locker from $52.00 to $61.00 in a research note on Monday, August 25th. They now have a “not rated” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Foot Locker from $56.00 to $59.00 in a research note on Monday, August 25th. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $55.25.

The stock has a 50-day moving average of $50.36 and a 200-day moving average of $47.. The company has a market cap of $8.373 billion and a price-to-earnings ratio of 17.32.

Foot Locker (NYSE:FL) last announced its earnings results on Friday, August 22nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.10. The company had revenue of $1.64 billion for the quarter. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. On average, analysts predict that Foot Locker will post $3.44 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, October 31st. Investors 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 1.57%. The ex-dividend date of this dividend is Wednesday, October 15th.

In other Foot Locker news, CFO Lauren B. Peters sold 40,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $52.00, for a total value of $2,080,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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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