Under Armour, Inc. (NYSE:UA)‘s stock had its “hold” rating reissued by equities research analysts at Susquehanna Bancshares Inc in a research report issued on Tuesday, November 7th. They presently have a $11.00 price target on the stock. Susquehanna Bancshares Inc’s price target would suggest a potential downside of 6.22% from the company’s current price.
A number of other research analysts have also weighed in on UA. Canaccord Genuity reaffirmed a “hold” rating and set a $18.00 target price (down previously from $21.00) on shares of Under Armour in a report on Thursday, August 3rd. Forward View set a $17.00 price target on Under Armour and gave the company a “hold” rating in a research report on Sunday, August 13th. Credit Suisse Group reiterated an “underperform” rating and set a $17.00 price target on shares of Under Armour in a research report on Wednesday, August 2nd. Vetr downgraded Under Armour from a “strong-buy” rating to a “buy” rating and set a $18.82 target price for the company. in a research report on Thursday, August 10th. Finally, Wells Fargo & Company restated a “market perform” rating and issued a $17.00 target price on shares of Under Armour in a research report on Wednesday, August 2nd. Eight analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company. Under Armour currently has an average rating of “Hold” and an average target price of $16.49.
Shares of Under Armour (NYSE:UA) opened at $11.73 on Tuesday. The firm has a market capitalization of $5,470.00 and a PE ratio of 28.61. Under Armour has a twelve month low of $10.36 and a twelve month high of $29.53.
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Several large investors have recently added to or reduced their stakes in UA. Skandinaviska Enskilda Banken AB publ boosted its stake in Under Armour by 8.0% during the first quarter. Skandinaviska Enskilda Banken AB publ now owns 32,478 shares of the company’s stock valued at $642,000 after buying an additional 2,400 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Under Armour by 213.1% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 30,102 shares of the company’s stock valued at $607,000 after buying an additional 20,489 shares during the last quarter. Baltimore Washington Financial Advisors Inc. bought a new position in Under Armour during the second quarter valued at approximately $3,525,000. CWM LLC boosted its stake in Under Armour by 1.4% during the second quarter. CWM LLC now owns 29,107 shares of the company’s stock valued at $587,000 after buying an additional 392 shares during the last quarter. Finally, Kessler Investment Group LLC bought a new stake in shares of Under Armour in the 2nd quarter valued at approximately $252,000. Hedge funds and other institutional investors own 29.81% of the company’s stock.
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.
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