Under Armour (NYSE:UAA) had its price target boosted by equities researchers at DA Davidson from $15.00 to $17.00 in a report issued on Wednesday, The Fly reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s price target indicates a potential downside of 4.28% from the stock’s current price.
A number of other research firms have also weighed in on UAA. Vetr lowered shares of Under Armour from a “strong-buy” rating to a “buy” rating and set a $17.98 target price on the stock. in a report on Wednesday. Pivotal Research upped their price objective on shares of Under Armour from $14.00 to $16.00 and gave the stock a “hold” rating in a research report on Wednesday. Telsey Advisory Group upped their price objective on shares of Under Armour from $13.00 to $15.00 and gave the stock a “market perform” rating in a research report on Wednesday. Citigroup reaffirmed a “neutral” rating and issued a $17.00 price objective on shares of Under Armour in a research report on Wednesday. Finally, Buckingham Research initiated coverage on shares of Under Armour in a research report on Friday, January 5th. They issued a “neutral” rating and a $17.00 price objective for the company. Nineteen analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.71.
Under Armour (UAA) traded up $1.06 on Wednesday, hitting $17.76. 19,153,045 shares of the company were exchanged, compared to its average volume of 7,700,000. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37. Under Armour has a 12 month low of $11.40 and a 12 month high of $23.46. The firm has a market cap of $7,500.00, a price-to-earnings ratio of -161.45, a PEG ratio of 4.35 and a beta of -0.04.
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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.
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