Under Armour (UA) Stock Rating Lowered by Vetr
Under Armour (NYSE:UA) was downgraded by research analysts at Vetr from a “strong-buy” rating to a “strong sell” rating in a research report issued to clients and investors on Monday. They currently have a $10.18 price target on the stock. Vetr‘s price objective would suggest a potential downside of 16.42% from the company’s previous close.
UA has been the topic of several other research reports. ValuEngine raised Under Armour from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Piper Jaffray Companies set a $11.00 price target on Under Armour and gave the company a “hold” rating in a research note on Tuesday, October 31st. Jefferies Group reissued a “buy” rating and issued a $28.00 price target on shares of Under Armour in a research note on Friday, October 13th. Forward View set a $17.00 price target on Under Armour and gave the company a “hold” rating in a research note on Sunday, August 13th. Finally, Buckingham Research set a $14.00 price target on Under Armour and gave the company a “sell” rating in a research note on Tuesday, October 31st. Nine research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $15.71.
Under Armour (NYSE UA) traded down $0.01 on Monday, hitting $12.18. The company’s stock had a trading volume of 3,250,106 shares, compared to its average volume of 4,508,349. Under Armour has a 1 year low of $10.36 and a 1 year high of $29.06. The firm has a market cap of $5,690.00 and a P/E ratio of 29.73.
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Under Armour Company Profile
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
To view Vetr’s full report, visit Vetr’s official website.
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