• Home
  • V1
  • Design
  • Analysts make eyes to Foot Locker and L Brands

Analysts make eyes to Foot Locker and L Brands

By FashionUnited

loading...

Scroll down to read more

In a week plentiful of corporate releases, analysts have set their

looks on other apparel market players that offer good investment opportunities. L Brands, Foot Locker and TJX Cos were among the best picks.

Foot Locker, Inc. (NYSE:FL) have shone this week, after managed to keep its gain at 0.71 percent on below-normal volume of 1.47 million shares. The stock settled at 34.19 dollars, after moving in the region of 33.85 to 34.33 dollars. At current stock’s price, the company’s market value stands at 5.08 billion dollars. Its 52-week range has been 31.07 to 37.85 dollars.

Meanwhile, Zumiez was review at rise by TheStreet Ratings from ‘hold’ to ‘buy’. “Zumiez (ZUMZ) has been upgraded by the company’s strengths which can be seen in multiple areas, such as its growth in earnings per share, increase in net income, robust revenue growth, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow,” TheStreet’s analyst wrote.

Also shares at TJX Cos. (NYSE:TJX) caught market’s interest and had its price target upped by Stifel Nicolaus from 62 to 65 dollars in a research note issued to investors on Tuesday. The firm currently has a ‘buy’ rating on the stock.

Finally, Brands Inc (NYSE:LTD) managed to keep its gain at 1.74 percent on below -normal volume of 1.55 million shares. The stock’s 52-week range has been 42.49 to 62.14 dollars.


FashionUnited