Under Armour (UA) Price Target Increased to $13.00 by Analysts at JPMorgan Chase & Co.
Under Armour (NYSE:UA) had its price target boosted by stock analysts at JPMorgan Chase & Co. from $10.00 to $13.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential downside of 14.98% from the stock’s current price.
Several other research firms have also commented on UA. Susquehanna Bancshares restated a “sell” rating and set a $15.00 price target on shares of Under Armour in a research report on Monday, October 23rd. Vetr lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating and set a $14.92 price target on the stock. in a research report on Wednesday. DA Davidson set a $17.00 price target on shares of Under Armour and gave the company a “hold” rating in a research report on Wednesday. Raymond James Financial restated a “sell” rating on shares of Under Armour in a research report on Tuesday. Finally, Wells Fargo & Co set a $11.00 price target on shares of Under Armour and gave the company a “sell” rating in a research report on Tuesday, October 31st. Nine investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. Under Armour has a consensus rating of “Hold” and a consensus price target of $15.81.
Shares of Under Armour (NYSE:UA) opened at $15.29 on Wednesday. The company has a market cap of $5,821.57, a price-to-earnings ratio of 49.32 and a beta of 0.70. Under Armour has a 52-week low of $10.36 and a 52-week high of $21.81.
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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