Under Armour Inc (NYSE:UA) has received a consensus recommendation of “Hold” from the twenty-six research firms that are covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $16.00.

Several equities analysts have recently weighed in on the stock. Vetr lowered shares of Under Armour from a “strong-buy” rating to a “buy” rating and set a $18.79 price objective on the stock. in a research report on Wednesday, September 13th. Sanford C. Bernstein assumed coverage on shares of Under Armour in a research report on Tuesday, September 12th. They issued an “underperform” rating and a $14.00 price objective on the stock. Jefferies Group reissued a “buy” rating and issued a $28.00 price objective on shares of Under Armour in a research report on Thursday, September 7th. Susquehanna Bancshares restated a “sell” rating and issued a $15.00 price target on shares of Under Armour in a research note on Monday, October 23rd. Finally, Wells Fargo & Co downgraded shares of Under Armour from a “market perform” rating to a “sell” rating and decreased their price target for the company from $17.00 to $13.00 in a research note on Tuesday, September 19th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bares Capital Management Inc. raised its stake in shares of Under Armour by 5.9% during the 3rd quarter. Bares Capital Management Inc. now owns 8,091,563 shares of the company’s stock worth $121,535,000 after purchasing an additional 447,650 shares during the period. California Public Employees Retirement System raised its stake in shares of Under Armour by 0.8% during the 3rd quarter. California Public Employees Retirement System now owns 655,734 shares of the company’s stock worth $9,849,000 after purchasing an additional 5,500 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Under Armour by 21.1% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 93,273 shares of the company’s stock worth $1,406,000 after purchasing an additional 16,251 shares during the period. Janus Henderson Group PLC raised its stake in Under Armour by 579.2% in the 3rd quarter. Janus Henderson Group PLC now owns 237,963 shares of the company’s stock valued at $3,571,000 after acquiring an additional 202,927 shares during the period. Finally, Asset Management One Co. Ltd. raised its stake in Under Armour by 6.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 330,080 shares of the company’s stock valued at $4,959,000 after acquiring an additional 18,719 shares during the period. 31.84% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour (NYSE:UA) opened at $14.75 on Friday. The firm has a market cap of $6,760.00 and a P/E ratio of 46.09. Under Armour has a 1-year low of $10.36 and a 1-year high of $27.64.

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About Under Armour

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.

Analyst Recommendations for Under Armour (NYSE:UA)

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