Under Armour (NYSE:UAA) had its price objective boosted by equities researchers at Stifel Nicolaus from $17.00 to $18.00 in a research note issued on Wednesday, Marketbeat reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 1.35% from the stock’s previous close.
UAA has been the subject of several other reports. Wells Fargo & Co dropped their price objective on Under Armour to $11.00 and set an “underperform” rating for the company in a research note on Tuesday, October 31st. Credit Suisse Group raised their price objective on Under Armour from $12.02 to $12.25 and gave the company a “neutral” rating in a research note on Tuesday, November 7th. Buckingham Research began coverage on Under Armour in a research note on Friday, January 5th. They issued a “neutral” rating and a $17.00 price objective for the company. Vetr downgraded Under Armour from a “sell” rating to a “strong sell” rating and set a $12.00 price objective for the company. in a research note on Monday, December 11th. Finally, Macquarie downgraded Under Armour from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $10.00 to $8.00 in a research note on Tuesday, January 16th. Nineteen equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the stock. Under Armour has an average rating of “Hold” and an average price target of $14.71.
Under Armour (NYSE:UAA) traded up $1.06 during midday trading on Wednesday, reaching $17.76. The company had a trading volume of 19,153,264 shares, compared to its average volume of 8,067,146. Under Armour has a 12-month low of $11.40 and a 12-month high of $23.46. The stock has a market cap of $7,470.00, a P/E ratio of -161.45, a P/E/G ratio of 4.35 and a beta of -0.04. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37.
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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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