Under Armour PT Raised to $105.00 at UBS AG (UA)
UBS AG hoisted their price objective on shares of Under Armour (NYSE:UA) from $88.00 to $105.00 in a research note issued on Friday, Analyst Ratings Network.com reports. UBS AG’s price objective would indicate a potential upside of 23.21% from the stock’s previous close.
Shares of Under Armour (NYSE:UA) traded up 1.42% during mid-day trading on Friday, hitting $106.244. 1,118,731 shares of the company’s stock traded hands. Under Armour has a 52 week low of $46.31 and a 52 week high of $106.65. The stock has a 50-day moving average of $86.04 and a 200-day moving average of $78.6. The company has a market cap of $11.223 billion and a P/E ratio of 76.02.
Under Armour (NYSE:UA) last released its earnings data on Friday, January 31st. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.06. The company had revenue of $683.00 million for the quarter, compared to the consensus estimate of $620.10 million. On average, analysts predict that Under Armour will post $1.44 earnings per share for the current fiscal year.
A number of other firms have also recently commented on UA. Analysts at Susquehanna raised their price target on shares of Under Armour from $77.00 to $95.00 in a research note to investors on Friday. Separately, analysts at KeyCorp raised their price target on shares of Under Armour from $54.00 to $70.00 in a research note to investors on Friday. They now have an “underweight” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Under Armour from $92.00 to $120.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $79.91.
Under Armour, Inc (NYSE:UA) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth.
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