Under Armour (UAA) Given Neutral Rating at Credit Suisse Group
Under Armour (NYSE:UAA)‘s stock had its “neutral” rating reaffirmed by research analysts at Credit Suisse Group in a research report issued on Monday. They presently have a $26.00 target price on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 25.12% from the stock’s current price.
A number of other brokerages have also weighed in on UAA. Wells Fargo & Co lowered shares of Under Armour from a “market perform” rating to an “underperform” rating and set a $23.50 price objective on the stock. in a report on Sunday, December 2nd. Stifel Nicolaus raised their price objective on shares of Under Armour from $27.00 to $30.00 and gave the company a “sell” rating in a report on Monday, November 5th. Piper Jaffray Companies upgraded shares of Under Armour from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $20.00 to $32.00 in a report on Monday, November 5th. Canaccord Genuity raised their price objective on shares of Under Armour from $12.00 to $13.00 and gave the company a “sell” rating in a report on Wednesday, October 31st. Finally, ValuEngine upgraded shares of Under Armour from a “hold” rating to a “buy” rating in a report on Wednesday, October 31st. Five analysts have rated the stock with a sell rating, twelve have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Under Armour currently has a consensus rating of “Hold” and an average price target of $21.97.
Shares of UAA opened at $20.78 on Monday. Under Armour has a twelve month low of $13.85 and a twelve month high of $24.96. The firm has a market capitalization of $9.30 billion, a PE ratio of 109.37, a PEG ratio of 2.73 and a beta of 0.42. The company has a current ratio of 1.99, a quick ratio of 1.09 and a debt-to-equity ratio of 0.35.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.
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