Under Armour (NYSE:UAA) had its target price lifted by equities researchers at Pivotal Research from $14.00 to $16.00 in a report issued on Wednesday. The firm currently has a “hold” rating on the stock. Pivotal Research’s price objective indicates a potential downside of 4.19% from the stock’s current price.
Other equities research analysts have also issued reports about the stock. Wells Fargo & Co lowered their price target on shares of Under Armour to $11.00 and set an “underperform” rating for the company in a report on Tuesday, October 31st. Credit Suisse Group raised their price target on shares of Under Armour from $12.02 to $12.25 and gave the company a “neutral” rating in a report on Tuesday, November 7th. Buckingham Research started coverage on shares of Under Armour in a report on Friday, January 5th. They set a “neutral” rating and a $17.00 price target for the company. Vetr lowered shares of Under Armour from a “sell” rating to a “strong sell” rating and set a $12.00 price target for the company. in a report on Monday, December 11th. Finally, Macquarie lowered shares of Under Armour from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $10.00 to $8.00 in a report on Tuesday, January 16th. Eighteen equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the stock. Under Armour presently has an average rating of “Hold” and a consensus price target of $14.53.
Under Armour (NYSE UAA) opened at $16.70 on Wednesday. Under Armour has a one year low of $11.40 and a one year high of $23.46. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37. The company has a market cap of $6,285.35, a price-to-earnings ratio of 34.71, a PEG ratio of 4.35 and a beta of -0.23.
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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