Under Armour (NYSE:UA) has been assigned a $14.00 price target by stock analysts at Pivotal Research in a research report issued to clients and investors on Monday. The brokerage currently has a “hold” rating on the stock. Pivotal Research’s price target would indicate a potential downside of 8.44% from the company’s current price.

Several other equities research analysts have also recently issued reports on UA. Piper Jaffray Companies set a $11.00 price objective on shares of Under Armour and gave the stock a “hold” rating in a research report on Tuesday, October 31st. Vetr cut shares of Under Armour from a “buy” rating to a “hold” rating and set a $14.91 price objective for the company. in a research report on Wednesday, January 3rd. Wells Fargo & Co set a $11.00 price objective on shares of Under Armour and gave the stock a “sell” rating in a research report on Tuesday, October 31st. DA Davidson cut shares of Under Armour to a “hold” rating and set a $15.00 price objective for the company. in a research report on Tuesday, October 31st. Finally, ValuEngine raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Nine analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.85.

Shares of Under Armour (UA) opened at $15.29 on Monday. The stock has a market cap of $7,010.00 and a price-to-earnings ratio of 47.78. Under Armour has a 1 year low of $10.36 and a 1 year high of $21.81.

Large investors have recently made changes to their positions in the stock. Janus Henderson Group PLC raised its stake in Under Armour by 579.2% during the 3rd quarter. Janus Henderson Group PLC now owns 237,963 shares of the company’s stock worth $3,571,000 after acquiring an additional 202,927 shares in the last quarter. Personal Capital Advisors Corp increased its stake in Under Armour by 87.2% in the third quarter. Personal Capital Advisors Corp now owns 118,364 shares of the company’s stock valued at $1,778,000 after purchasing an additional 55,129 shares during the period. Great West Life Assurance Co. Can increased its stake in Under Armour by 25.0% in the third quarter. Great West Life Assurance Co. Can now owns 680,332 shares of the company’s stock valued at $10,183,000 after purchasing an additional 136,129 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Under Armour by 35.7% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 78,482 shares of the company’s stock valued at $1,179,000 after purchasing an additional 20,627 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in Under Armour by 41.2% in the third quarter. Schwab Charles Investment Management Inc. now owns 940,295 shares of the company’s stock valued at $14,124,000 after purchasing an additional 274,335 shares during the period. Hedge funds and other institutional investors own 31.15% of the company’s stock.

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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.

Analyst Recommendations for Under Armour (NYSE:UA)

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