Under Armour, Inc. (NYSE:UAA) had its target price upped by Nomura from $9.00 to $13.00 in a report released on Friday, Marketbeat Ratings reports. The brokerage currently has a reduce rating on the stock.
Other analysts also recently issued reports about the company. Telsey Advisory Group cut their target price on Under Armour from $21.00 to $18.00 and set a market perform rating for the company in a research note on Wednesday, August 2nd. FBR & Co reaffirmed an underperform rating and issued a $14.00 target price on shares of Under Armour in a research note on Wednesday, August 2nd. Vetr downgraded Under Armour from a strong-buy rating to a hold rating and set a $21.02 target price for the company. in a research note on Monday, July 17th. UBS AG cut their target price on Under Armour from $19.00 to $14.00 and set a neutral rating for the company in a research note on Wednesday, November 1st. Finally, Forward View reaffirmed a sell rating on shares of Under Armour in a research note on Saturday, November 4th. Eighteen investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $17.04.
Under Armour (UAA) opened at $12.17 on Friday. Under Armour has a 52 week low of $11.40 and a 52 week high of $33.45. 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 capitalization of $5,521.16, a price-to-earnings ratio of 30.54, a P/E/G ratio of 3.71 and a beta of -0.15.
TRADEMARK VIOLATION NOTICE: “Nomura Raises Under Armour, Inc. (UAA) Price Target to $13.00” was published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be accessed at https://www.themarketsdaily.com/2017/11/14/nomura-raises-under-armour-inc-uaa-price-target-to-13-00.html.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. acquired a new position in Under Armour during the second quarter worth approximately $118,000. Cornerstone Advisors Inc. purchased a new position in shares of Under Armour in the 2nd quarter valued at approximately $124,000. Municipal Employees Retirement System of Michigan purchased a new position in shares of Under Armour in the 2nd quarter valued at approximately $129,000. WFG Advisors LP purchased a new position in shares of Under Armour in the 2nd quarter valued at approximately $132,000. Finally, Global X Management Co. LLC purchased a new position in shares of Under Armour in the 2nd quarter valued at approximately $134,000. 30.35% of the stock is currently owned by institutional investors.
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.
Receive News & Ratings for Under Armour Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour Inc. and related companies with MarketBeat.com's FREE daily email newsletter.